Major obstacles encountered in Meta's self-developed chip project.

According to six sources familiar with the matter, while Meta was signing new chip supply agreements with AMD and NVIDIA, its in-house AI chip project ran into trouble. The sources stated that last week, Meta halted the development of its cutting-edge chip designed for training AI models due to design issues, and refocused its efforts on a lower complexity version. The company has informed its AI infrastructure department employees of this adjustment plan last week. This decision highlights the significant challenges that tech giants face in developing AI chips that can rival NVIDIA's market-leading products.