Technology · 9 July 2026
Meta to begin making its own AI chips from September
Meta's plan is to significantly increase its total computing capacity to 14 gigawatts by next year. The tech firm's custom-designed chip, code-named "Iris", aims to improve the AI behind Facebook and Instagram. Producing its own chips should help Meta lower computing costs and reduce reliance on suppliers like Nvidia and AMD.
Reported by CNBC · How we write briefs
