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Meta Launched AI Models to Compete with OpenAI and Anthropic. The Stock Erased a Year's Worth of Losses
Reuters reported the chip, code-named Iris, passed six weeks of testing and could help Meta control AI computing costs as spending reaches $145 billion.
As far as AI is concerned, Meta is about to take a decisive step by producing its own chip called Iris, designed as part of its MTIA program for Meta Training and Inference Accelerator.