Meta AI Updates: July 16, 2026

1. Meta Readies Custom Iris AI Chip for September Production

Meta. Meta is preparing to begin manufacturing a custom AI chip code-named Iris starting in September, part of a broader plan to scale its computing power toward roughly 14 GW. According to the report, the chip has completed its testing phase without major issues and is ready for production. Meta positions the silicon to run its AI inference workloads more efficiently and to help lower infrastructure costs versus buying merchant accelerators. Source