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.
Meta Platforms is significantly increasing its AI investment in eFY25, raising capital spend guidance to $64–72 billion to enhance AI applications and personalized advertising. META's growth strategy includes AI-generated ads and a deeper partnership with EssilorLuxottica for AI-enabled smart glasses, aiming to boost engagement across users and businesses. The Company may face some headwinds as consumers are facing more pressure on discretionary spending, turning to BNPL applications for everyday items like groceries and bills.
Austrian advocacy group NOYB said on Wednesday it would seek an injunction against Meta Platforms that could lead to billion-euro damages claims if the tech giant goes ahead with plans to use Europeans' personal data to train its artificial intelligence models.
Since my last writing, Meta Platforms, Inc. has delivered a strong FQ1 earnings report and updated its AI growth strategy. In the meantime, TikTok, a key competitor, continues facing substantial uncertainties with a potential to be acquired in the near future. This article explores the potential outcomes, including an acquisition by META, by another U.S. company, or no acquisition.