In 2024, the social media giant began advertising for engineers to help build its own state-of-the-art machine learning accelerators, and now, according to an exclusive report from Reuters, Meta is at the testing stage for its first in-house chip designed for training AI systems.

Any setbacks in new chips meant that companies were forced to use older chips, which might not sit well with customers. Perhaps the AI industry is learning from this, because, according to a report from Reuters,

Meta has long been one of NVIDIA’s biggest customers, relying on its GPUs to train AI models. But, as the company has bet big on AI, its spending on AI infrastructure has soared through the roof. Now,

The last time Nvidia Chief Executive Jensen Huang gave a major speech his company's stock was trading in record high territory. Ahead of his next big speech on Tuesday, Nvidia stock is in a slump. Year to date,