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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 C...
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Source: yahoo.com

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Meta to deploy in-house custom chips this year to power AI drive, ET Telecom

Meta: The worlds biggest social media company has been scrambling to boost its computing capacity for the power-hungry generative AI products it is pushing into apps Facebook, Instagram and WhatsApp and hardware devices like its Ray-Ban smartglasses, spending billions of dollars to amass arsenals of specialized chips and reconfigure data centers to accommodate them.
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