Meta Preparing to Deploy Four New Homegrown Chips to Handle AI

Meta Platforms Inc. plans to deploy four new generations of its in-house artificial intelligence chips by the end of 2027 as the company turns to custom silicon to help power its rapidly expanding AI workloads.

Meta on Wednesday announced plans for the new chips – MTIA 300, MTIA 400, MTIA 450 and MTIA 500 – as a part of an effort to diversify its hardware sources, reduce reliance on outside chipmakers and bring down costs amid a fast-moving and expensive AI race. Meta will continue buying chips from other companies as well, and recently announced deals to spend billions on AI hardware from Nvidia Corp. and Advanced Micro Devices Inc.