Meta Platforms Unveils Next-Gen AI Chip to Boost Computing Power (NASDAQ:FB, NASDAQ:NVDA)

Meta Platforms (NASDAQ:FB) revealed details on Wednesday about its latest in-house artificial intelligence accelerator chip, aiming to address the escalating demand for computing power across Facebook, Instagram, and WhatsApp.

Reuters earlier reported Meta’s plans to deploy a new custom data center chip, internally dubbed “Artemis,” to reduce reliance on Nvidia’s AI chips and lower overall energy costs.

“This chip’s architecture is fundamentally focused on providing the right balance of compute, memory bandwidth, and memory capacity for serving ranking and recommendation models,” the company stated in a blog post.

The Meta Training and Inference Accelerator (MTIA) chip is part of a broader custom silicon initiative at Meta, which includes exploring other hardware systems. Besides chip development, Meta has invested significantly in software development to maximize infrastructure efficiency.

CEO Mark Zuckerberg revealed plans to acquire approximately 350,000 flagship H100 chips from Nvidia (NASDAQ:NVDA) this year, alongside other suppliers, accumulating the equivalent of 600,000 H100 chips.

Manufactured by Taiwan Semiconductor Manufacturing Co on its “5nm” process, the new chip boasts three times the performance of its predecessor. Already deployed in data centers to power AI applications, Meta is working on expanding the MTIA’s capabilities, including support for generative AI workloads.