According to The Information, Meta has signed a multibillion-dollar, multi-year agreement to rent artificial intelligence chips from Google, marking a significant shift in the competitive landscape of AI hardware and signaling growing efforts by major technology companies to reduce dependence on Nvidia’s dominant processors. Under the agreement, Meta will use Google’s tensor processing units (TPUs) to train next-generation AI models, including future versions of its Llama systems. The deal expands Meta’s computing options at a time when demand for AI infrastructure is surging and access to advanced chips has become a strategic constraint across the industry.

The Indonesian government’s move to cut nickel ore production from 2026 is expected to tighten raw material supply and weaken low-price competition from Chinese steelmakers, Walsin Lihwa said, adding that its Indonesian plant shipments remain unaffected.

Europe’s domestic battery sector is in a structural crisis, with high costs, technological shortfalls, and project delays eroding its ability to compete with Asian manufacturers.