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A smartphone with a displayed Meta logo is placed on a computer motherboard in this illustration taken February 23, 2023. She is leaving her position at the end of the month but not immediately leaving the company, one of the sources said. Meta on Wednesday introduced the company's first generative AI products for consumers, including a chatbot that can generate both text responses and photo-realistic images. Some of the company's initial efforts proved slower than using existing chips, leading the company to scrap some of its AI chips. Meta is working on a newer chip that will span all types of AI work.

Persons: Dado Ruvic, Alexis Black Bjorlin, Yee Jiun, Black Bjorlin, Katie Paul, Stephen Nellis, Kenneth Li, Lisa Shumaker Organizations: REUTERS, Meta, Broadcom, Intel, Nvidia, Reuters, Thomson

She spoke following a keynote presentation in San Francisco during which Su showed an AI system on the MI300X chip writing a poem about the city. "The more memory that you have, the larger the set of models" the chip can handle, Su said. But unlike past presentations where AMD has talked up a major customer for a new chip, AMD did not say who will adopt the MI300X or a smaller version called the MI300A. Nvidia, whose shares have surged 170% so far this year, dominates the AI computing market with a market share of 80% to 95%, according to analysts. Aside from the AI market, AMD said it has started shipping high volumes of a general purpose central processor chip called "Bergamo" to companies such as Meta Platforms (META.O).

Persons: Lisa Su, Dave Brown, Stephen Nellis, Su, We've, Kevin Krewell, Alexis Black Bjorlin, Nvidia's, Chintala, Sag, Leslie Adler, David Gregorio, Nick Zieminski, Mark Porter Organizations: AMD, Amazon Web, REUTERS, Devices Inc, Nvidia Corp, Reuters, Nvidia, TIRIAS Research, Intel Corp, Systems, SambaNova Systems, Google, Facebook, Nvidia's, Meta, Moor, Thomson Locations: San Francisco , U.S, Santa Clara , California, San Francisco, Bergamo

☆ AMD says Meta is using its cloud chip as it rolls out AI strategy update
▼ + stars: | 2023-06-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +3 min

Chief Executive Lisa Su said AMD has started shipping its "Bergamo" central processor. They spoke at an event in San Francisco where AMD was set to introduce its new artificial intelligence chip. Nvidia dominates the AI computing market with 80% to 95% of market share, according to analysts. Last month, Nvidia's market capitalization briefly touched $1 trillion after the company said it expected a jump in revenue after it secured new chip supplies to meet surging demand. Kevin Krewell, principal analyst at TIRIAS Research, said AMD will have to catch up on both software and research trends.

Persons: Lisa Su, Dave Brown, Stephen Nellis, Alexis Black Bjorlin, Su, Kevin Krewell, Krewell, Leslie Adler, David Gregorio, Nick Zieminski Organizations: AMD, Amazon Web, REUTERS, Devices, Facebook, Nvidia Corp, Nvidia, Intel Corp, Systems, SambaNova Systems, Google, TIRIAS Research, Thomson Locations: San Francisco , U.S, Bergamo, San Francisco

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