Meta Announces Production Launch for In-House Iris AI Chip in September
Meta Platforms (NASDAQ: META) plans to begin production of its custom-built Iris AI chip in September as part of a strategy to double computing capacity to 14 gigawatts by 2027. The move aims to address growing demand for AI processing power and improve Meta's ability to monetize user data through enhanced advertising capabilities.
Topics: AI chips computing capacity data center expansion Meta