Meta to put AI chip into production in September: Report
Meta Platforms is set to begin production of its in-house 'Iris' AI chip in September to reduce reliance on external suppliers like Nvidia. This move is part of a broader strategy to scale its AI infrastructure and computing power.
Why it matters
In-house chip development by major tech firms could significantly disrupt the semiconductor market and reduce dependence on traditional GPU providers.
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, according to an internal memo reviewed by Reuters.
The report relies on internal memos and industry data to provide a factual account of corporate strategy.
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