News with the tag "Meta Platforms Inc."

The next generation of Meta’s custom AI chips will support generative AI models. In a blog post Wednesday, Meta said the newer version of its Meta Training and Inference Accelerator (MTIA) chip is “being built with AI in mind.” Meta’s New AI Chip Will Support GenAI Models The first iteration of MTIA...

In a bold move, Meta Platforms Inc. has unveiled ambitious plans to allocate a substantial $30 billion to $35 billion for artificial intelligence infrastructure in the upcoming year, signaling a significant uptick from the current year’s target. This announcement, but, is not without its challenges,...