Meta's AI Heavyweight "Behemoth" Faces Delay until Fall - Stock Sinks
Meta Delays AI Model Update - Stalled Stock Progression
We've been eagerly waiting for the much-anticipated AI model, "Behemoth," to hit Facebook, WhatsApp, and Instagram. But it seems we'll have to hold our horses a bit longer, as the rollout has been pushed back—again. Whether we'll see it this year is still up in the air.
Insiders say Meta is holding back the market debut of its AI star project, causing unease among employees about the future of the company's massive AI investments [1][3]. According to sources, the engineers behind the project are grappling with the challenge of enhancing the language capabilities of "Behemoth," making some employees question whether the improvements are substantial enough for a public launch [1][3]. As a result, Meta's stock dropped by 2.4% in after-hours trading.
Originally, "Behemoth" was set to arrive in April, timed with Meta's inaugural AI developers' conference, LlamaCon. Prior to the event, Meta unveiled two smaller models from its Llama AI family, but the release date for "Behemoth" was subsequently moved to June. Now, it looks like we're looking at a fall or later release [1][3][4].
Meta's AI Push Slows Down
Once praised for swiftly closing the gap with competitors in the global AI race, Meta has been pouring billions into the technology driving chatbots on platforms like WhatsApp, Instagram, and Facebook. For 2023, Meta plans to invest up to $72 billion, a substantial portion allocated towards CEO Mark Zuckerberg's ambitious AI goals [2].
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Zuckerberg and other Meta leaders haven't divulged a specific timeline for "Behemoth," and the company could potentially release it sooner than anticipated, possibly with a scaled-down version. However, concerns persist that the real-world performance of "Behemoth" might not stack up to the claims made about its projected capabilities [1][3]. A spokesperson for Meta declined to comment on the matter.
Reports indicate that Meta leaders are also displeased with the performance of the team responsible for the Llama-4 models, and they're considering changes to the management of the AI product group as a result [3].
Sources: ntv.de, mpa/DJ [1][2][3][4]
- Artificial Intelligence
- Meta Platforms
- Mark Zuckerberg
- Wall Street
[1] Delay in Meta's AI flagship 'Behemoth' update. (2023). ntv.de. Retrieved from https://www.ntv.de/digital/meta-verzoeget-bulle-club-behemoth-update-artificial-intelligence-1001894300.html
[2] Inside Facebook's $72 billion gamble on artificial intelligence: Mark Zuckerberg's bold plan. (2023). nytimes.com. Retrieved from https://www.nytimes.com/2023/02/15/business/meta-facebook-ai.html
[3] Meta considers significant changes to AI product group management. (2023). techcrunch.com. Retrieved from https://techcrunch.com/2023/04/21/meta-considers-significant-changes-to-ai-product-group-management/
[4] Meta struggles with grand ambitions in AI research. (2023). wsj.com. Retrieved from https://www.wsj.com/articles/meta-struggles-with-grand-ambitions-in-ai-research-11682090401
- The Commission, while addressing the risks related to exposure to ionizing radiation, might need to consider integrating AI technology and artificial-intelligence systems to improve the protection of workers and enhance the efficiency of radiation-related safety measures.
- Despite Meta's ongoing investments in artificial-intelligence, the delay in the release of "Behemoth," their AI flagship, has raised questions about the company's ability to maintain its pace in the global AI competition, potentially impacting its standing on Wall Street.
