Meta Is Developing New AI Chip
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.
Meta on new AI chip project
@Meta is deploying a new homegrown chip to help power its artificial intelligence services, aiming to decrease its reliance on semiconductors from @nvidia , via Bloomberg#Intel #chips #AI
— The_Journalbiz (@the_journalbiz) April 11, 2024
Bloomberg news on Meta AI chip
The chip, announced Wednesday, is the latest version of the Meta Training and Inference Accelerator, or MTIA, which helps rank and recommend content across Facebook and Instagram. Meta released the first MTIA product last year.
Meta’s pivot to AI services has brought increased demand for computing power. Last year, the social media giant released its version of an AI model to compete with OpenAI’s ChatGPT. It also added new generative AI features to its social apps, including customized stickers and celebrity-faced chatbot characters.
In October, the company said it would spend as much as $35 billion on infrastructure to support AI, including data centers and hardware. “AI will be our biggest investment area in 2024,” Chief Executive Officer Mark Zuckerberg told investors that month.
A significant amount of that spending will likely still flow to Nvidia, which builds the popular H100 graphics cards that power AI models.