Iris

TEXXR Analysis

Jul 9, 2026

Meta’s Cheap API Is a Utilization Strategy

Meta has raised $62 billion of debt since 2022 and prices its new model API at about 25% of OpenAI’s and Anthropic’s. Iris manufacturing, a 1GW Canadian data ce...

Jul 9, 2026

Meta’s Stack Sets the API Price

Meta has raised $62B of debt since 2022 while pricing Muse Spark 1.1 at roughly one-quarter of OpenAI and Anthropic rates. Behind the API sit Iris silicon, a $9...

Coverage Timeline

2019-07-11

TechCrunch 1 related

Lidar startup Luminar raises $100M, bringing its total raised to $250M+, and launches Iris, a compact lidar unit that costs under $1,000 for production vehicles

Devin Coldewey / TechCrunch :

2019-07-11 View

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Lidar startup Luminar raises $100M, bringing its total raised to $250M+, and launches Iris, a compact lidar unit that costs under $1,000 for production vehicles

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