Meta, led by Mark Zuckerberg, plans to start designing its own artificial intelligence chips in-house from September. This initiative, called "Iris," aims to boost the AI systems behind Facebook and Instagram while reducing dependence on Nvidia, the current dominant AI chip supplier. Meta is collaborating with Broadcom for design and Taiwan Semiconductor Manufacturing for production, intending to release a new chip every six months through 2027. The move is part of Meta's broader strategy to double its computing infrastructure by 2027 and lower costs amid high demand and supply chain challenges in the semiconductor industry.
The global digital advertising market is forecasted to grow from $567.9 billion in 2025 to $2.06 trillion by 2033, with a 17.6% CAGR. Growth is fueled not just by expansion but by a strategic reallocation of budgets toward digital platforms offering ...
Meta is set to begin manufacturing its latest AI-specific chips in September to reduce reliance on costly GPUs amid a global component shortage. The company is collaborating with Broadcom for chip design and TSMC for manufacturing, using modular chip...
Meta Platforms is reportedly entering the cloud computing market, aiming to become a strong player in AI infrastructure. This move could unlock new revenue streams and improve profit margins through AI-driven advertising tools and expanded computing ...
Meta has filed a patent for an AI-powered wearable device that monitors users' emotional states, including sighs, laughter, and medication times, to tailor fitness routines. The device aims to provide real-time feedback and optimize workouts based on...
Meta Platforms introduced Muse Spark 1.1, an upgraded AI model designed for complex tasks like autonomous agent workflows, coding, and computer use. The model supports a one-million-token context window and improved multimodal reasoning, enabling it ...
