Tech
Meta platforms unveils next-gen AI chip to power ecosystem
Meta Platforms has disclosed details about its latest in-house artificial intelligence accelerator chip, marking a significant step in the company’s efforts to bolster its infrastructure for AI-driven products across its platforms such as Facebook, Instagram, and WhatsApp.
The unveiling of the new chip, internally known as “Artemis,” underscores Meta’s strategy to reduce its reliance on third-party AI chips, particularly those from Nvidia, while simultaneously enhancing efficiency and reducing energy costs.
The chip, officially named the Meta Training and Inference Accelerator, is designed to strike a balance between compute power, memory bandwidth, and capacity to effectively handle ranking and recommendation models, according to a blog post by the company.
Meta’s custom silicon efforts extend beyond chip development, encompassing broader hardware systems as well as software optimization to harness the full potential of its infrastructure.
Flagship chips
In addition to its in-house chip development, Meta continues to invest in external AI chip suppliers. Earlier this year, CEO Mark Zuckerberg announced plans to acquire approximately 350,000 flagship H100 chips from Nvidia, alongside investments in other suppliers, to amass the equivalent of 600,000 H100 chips in total for the year.
The new MTIA chip, manufactured by Taiwan Semiconductor Manufacturing Co on its advanced “5nm” process, boasts three times the performance of its predecessor.
Already deployed in data centers, the MTIA chip is actively involved in serving AI applications, with ongoing efforts to expand its capabilities to support generative AI workloads.
Meta’s latest move underscores its commitment to advancing AI technologies to power its diverse range of products and services, signaling an era of enhanced efficiency and innovation within the Meta ecosystem.
Tech
Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.
Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.
Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.
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Tech
Nvidia posts record revenue as AI fears shake investors
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.
Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.
Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.
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Tech
Meta launches lawsuits over alleged scam advertising operations
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.
Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.
While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.
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