Meta to put AI chip into production in September as it looks to double computing capacity, memo shows

Short summary

Meta Platforms plans to begin manufacturing its custom AI chip, code-named Iris, in September as part of a multi-generation project to double computing capacity by next year. The company is partnering with Broadcom and TSMC for design and production. The initiative aims to reduce costs and decrease reliance on external chip suppliers.

• •Meta's custom AI chip 'Iris' enters production in September
• •Partnership with Broadcom and TSMC for design and manufacturing
• •Goal is to double computing capacity and reduce external supplier dependence

Generated with AI, which can make mistakes.