"Meta Unveils Next-Gen AI Chip to Reduce Reliance on Nvidia and Boost Performance"

TL;DR Summary
Meta Platforms Inc. has unveiled a new in-house AI chip, the Meta Training and Inference Accelerator (MTIA), in an effort to reduce its dependence on Nvidia and other external semiconductor companies. The chip is designed to power Meta's AI services, including content ranking and recommendation on Facebook and Instagram, and follows the release of the first MTIA product last year.
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