Meta is making a bigger AI chip move to cut costs

This article first appeared on GuruFocus. Meta Platforms Inc. (META, Financials), owner of Facebook, Instagram and WhatsApp, is planning to increase the usage of its in-house-designed AI chips as it attempts to reduce the cost of its vast infrastructure buildout.The decision is noteworthy as computing is one of the key expense drivers in the AI race.Meta has invested billions in data centers, servers and accelerators as it builds ever more sophisticated models and rolls out AI features across its platforms.If Meta did more chip design in-house, it could get another lever. Custom silicon can be tuned around particular workloads, and not a wide range of tasks expected from general purpose accelerators.