Meta Debuts New AI Chip, Aiming to Decrease Reliance on Nvidia

(Bloomberg) -- Meta Platforms Inc. is deploying a new homegrown chip to help power its artificial intelligence services, aiming to decrease its reliance on semiconductors from Nvidia Corp. and other outside companies. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionChinese Cement M