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META PLATFORMS, INC.

(META)
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Real-time Estimate Cboe BZX  -  11:58 2022-12-07 am EST
113.75 USD   -0.33%
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Meta launches AI software tools to ease switching between Nvidia, AMD chips

10/03/2022 | 01:40pm EST

(Recasts headline; adds quote from Meta blog post, comment requests from Nvidia and AMD and analyst comment)

Oct 3 (Reuters) - Facebook parent Meta Platforms Inc said on Monday it has launched a new set of free software tools for artificial intelligence applications that could make it easier for developers to switch back and forth between different underlying chips.

Meta's new open-source AI platform is based on an open-source machine learning framework called PyTorch, and can help code run up to 12 times faster on Nvidia Corp's flagship A100 chip or up to four times faster on Advanced Micro Devices Inc's MI250 chip, it said.

But just as important as the speed boost is the flexibility the sofware can provide, Meta said in a blog post.

Software has become a key battleground for chipmakers seeking to build up an ecosystem of developers to use their chips. Nvidia's CUDA platform has been the most popular so far for artificial intelligence work.

However, once developers tailor their code for Nvidia chips, it is difficult to run it on graphics processing units, or GPUs, from Nvidia competitors like AMD. Meta said the software is designed to easily swap between chips without being locked in.

"The unified GPU back-end support gives deep learning developers more hardware vendor choices with minimal migration costs," Meta said in its blog post.

Nvidia and AMD did not immediately return requests for comment.

Meta's software is made for AI work called inference, which is when machine learning algorithms that previously have been trained on huge amounts of data are called on to make quick judgments, such as deciding whether a photograph is of a cat or a dog.

"This is a software effort that is multi-platform. And it's a testament to the importance of software, particularly for deploying neural networks in machine learning for inference," said David Kanter, a founder of MLCommons, an independent group that measures AI speed.

Kanter added that this new Meta AI platform would be "good for customer choice." (Reporting By Jane Lanhee Lee and Stephen Nellis; editing by Jonathan Oatis)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES, INC. 0.30% 70.3736 Delayed Quote.-48.84%
INTEL CORPORATION -1.07% 28.28 Delayed Quote.-43.36%
META PLATFORMS, INC. -0.53% 113.455 Delayed Quote.-63.60%
NVIDIA CORPORATION -0.42% 159.03 Delayed Quote.-45.64%
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Analyst Recommendations on META PLATFORMS, INC.
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Financials (USD)
Sales 2022 116 B - -
Net income 2022 24 735 M - -
Net cash 2022 35 094 M - -
P/E ratio 2022 12,6x
Yield 2022 -
Capitalization 303 B 303 B -
EV / Sales 2022 2,30x
EV / Sales 2023 2,17x
Nbr of Employees 87 314
Free-Float 84,3%
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Technical analysis trends META PLATFORMS, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 57
Last Close Price 114,12 $
Average target price 151,87 $
Spread / Average Target 33,1%
EPS Revisions
Managers and Directors
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Susan J. Li Chief Financial Officer
Atish Banerjea Chief Information Officer
Andrew Bosworth Chief Technology Officer
Javier Olivan Chief Operating & Growth Officer
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