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AI stocks: Your ideal type or another hype
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Meta is working on a new chip for AI

Meta is working on a new chip for AI
$Meta Platforms(META.US)$ is building its first custom chip specifically for running AI models, the company announced on Thursday. As Meta increases its AI efforts — CEO Mark Zuckerberg recently said the company sees “an opportunity to introduce AI agents to billions of people in ways that will be useful and meaningful” — the chip and other infrastructure plans revealed Thursday could be critical tools for Meta to compete with other tech giants also investing significant resources into AI.
The MTIA could be a big boon for Meta, especially given increasingly high demand for AI compute power. But the MTIA chip is seemingly a long ways away: it’s not set to come out until 2025, TechCrunch reports.
The company has been sharing high praise about the supercomputer since last year. But as the company tries to stand out against an increasing number of AI initiatives from many of the biggest technology giants — including other custom chips —it makes sense that Meta would want to brag about its faith in its own AI hardware.
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