Meta launches Meta Compute business unit and unveils four new MTIA chip generations, backed by up to $135B in 2026 capex, pressuring decentralized AI

Meta jumped 6% Friday and 15% on the week after unveiling Meta Compute, a plan to sell AI computing capacity to outside customers.

The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The…

This will help Meta lower its massive computing costs and gain more independence from suppliers like Nvidia. Read more at straitstimes.com. Read more at straitstimes.com.

Meta launches Meta Compute business unit and unveils four new MTIA chip generations, backed by up to $135B in 2026 capex, pressuring decentralized AI