Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Meta plans to begin production of its custom 'Iris' AI chip in September to reduce reliance on external suppliers like Nvidia and AMD. The move is part of a broader strategy to scale computing capacity and improve the efficiency of its AI-driven social media platforms.
Why it matters
In-house chip development is a critical strategic shift for big tech companies aiming to control costs and maintain independence in the competitive AI infrastructure market.
Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts next year , showed an internal memo reviewed by Reuters.
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