Meta Schedules Its Own AI Chip for September

Meta plans to begin manufacturing an in-house AI chip code-named Iris in September, according to an internal memo reviewed by Reuters. The report says Iris is part of a four-generation MTIA program and that Meta intends to release a chip about every six months through 2027 while targeting 14 gigawatts of overall computing power next year. The memo describes a plan, not a completed production run; yield, deployment, and performance remain to be demonstrated.