The US government rested its case against Facebook-owner Meta on Thursday, as it tries to persuade a US judge that the tech giant bought Instagram and WhatsApp to neutralize them as rivals.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has delayed the release of its next-generation artificial intelligence model, sending its shares down 2.3% in after-hours trading. According to a report from the Wall Street Journal, the Facebook parent has reportedly paused internal timelines for launching its “Behemoth” large language model, citing engineering challenges and internal concerns about the direction of its multi-billion-dollar AI push.
Meta reportedly is postponing the release of the largest version of its open-source Llama 4 artificial intelligence (AI) model from summer to fall at the earliest.
Fake puppies and phony offers of mouthwatering bargains are often seeded by overseas crime networks; employees says company is reluctant to impede its advertising juggernaut
This fresh delay adds to concerns that Meta could fall behind other major AI providers like OpenAI and Google.
Meta reportedly delayed the rollout of its flagship artificial intelligence model called Behemoth. The company internally planned to release Behemoth in April, later pushed the release date to June, and has now delayed the launch at least until fall, The Wall Street Journal reported Thursday (May 15), citing unnamed sources.
Meta (META) is reportedly pushing back the launch of its “Behemoth” AI model amid concerns about whether enough improvements have been made compared to previous iterations.
Meta Platforms is delaying the launch of its flagship "Behemoth" AI model due to concerns about its capabilities, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The company's struggle to improve the capabilities of latest AI model mirrors issues at some top AI companies.
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc.
Meta's Q1/25 results show strong financial performance, indicating robust revenue growth and effective cost management, reinforcing its competitive edge in the tech industry. Meta maintains a solid competitive position through continuous innovation and strategic investments in AI and VR, ensuring long-term market leadership. Effective capital allocation strategies, including significant investments in R&D and prudent financial management, bolster Meta's growth prospects and shareholder value.
A Vienna-based privacy campaign group said Wednesday it has sent a cease-and-desist letter to Meta, after the tech giant announced plans to train its artificial intelligence models with European users' personal data.