https://finance.yahoo.com/news/facebook-forming-team-design-own-194924909.html

The Menlo Park, California-based company would join other technology giants tackling the massive effort to develop chips. In 2010, Apple Inc. started shipping its own chips and now uses them across many of its major product lines. Alphabet Inc.’s Google has developed its own artificial intelligence chip as well.

Facebook could use such chips to power hardware devices, artificial intelligence software and servers in its data centers. Next month, the company will launch the Oculus Go, a $200 standalone virtual-reality headset that runs on a Qualcomm processor. Facebook is also working on a slew of smart speakers. Future generations of those devices could be improved by custom chipsets. By using its own processors, the company would have finer control over product development and would be able to better tune its software and hardware together.