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Express Tribune
2 days ago
- Business
- Express Tribune
Meta plans fourth AI restructuring in six months, report says
In July, Zuckerberg said Meta would spend hundreds of billions of dollars to build several massive AI data centers. PHOTO: REUTERS Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information reported on Friday, citing three people familiar with the matter. The company is expected to divide its new AI unit, Superintelligence Labs, into four groups: a new "TBD Lab," short for to be determined; a products team including the Meta AI assistant; an infrastructure team; and the Fundamental AI Research (FAIR) lab focused on long-term research, the report said, citing two people. Meta did not immediately respond to a request for comment. Reuters could not independently verify the report. Read More: Love, lies, and AI As Silicon Valley's AI contest intensifies, CEO Mark Zuckerberg is going all-in to fast-track work on artificial general intelligence — machines that can outthink humans — and help create new cash flows. Meta recently reorganized the company's AI efforts under Superintelligence Labs, a high-stakes push that followed senior staff departures and a poor reception for Meta's latest open-source Llama 4 model. The social media giant has tapped US bond giant PIMCO and alternative asset manager Blue Owl Capital (OWL.N), opens new tab to spearhead a $29 billion financing for its data center expansion in rural Louisiana, Reuters reported earlier this month. Also Read: Leaked Meta document reveals chatbot rules allowing provocative, harmful content In July, Zuckerberg said Meta would spend hundreds of billions of dollars to build several massive AI data centers. The company raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of $66 billion to $72 billion last month. Rising costs to build out data center infrastructure and employee compensation costs — as Meta has been poaching researchers with mega salaries — would push the 2026 expense growth rate above the pace in 2025, the company has said.
Ammon
2 days ago
- Business
- Ammon
Meta plans fourth restructuring of AI efforts in six months
Ammon News - Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information reported on Friday, citing three people familiar with the matter. The company is expected to divide its new AI unit, Superintelligence Labs, into four groups: a new "TBD Lab," short for to be determined; a products team including the Meta AI assistant; an infrastructure team; and the Fundamental AI Research (FAIR) lab focused on long-term research, the report said, citing two people. Meta did not immediately respond to a request for comment. Reuters could not independently verify the report. As Silicon Valley's AI contest intensifies, CEO Mark Zuckerberg is going all-in to fast-track work on artificial general intelligence — machines that can outthink humans — and help create new cash flows. Meta recently reorganized the company's AI efforts under Superintelligence Labs, a high-stakes push that followed senior staff departures and a poor reception for Meta's latest open-source Llama 4 model. The social media giant has tapped U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital to spearhead a $29 billion financing for its data center expansion in rural Louisiana, Reuters reported earlier this month. In July, Zuckerberg said Meta would spend hundreds of billions of dollars to build several massive AI data centers. The company raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of $66 billion to $72 billion last month. Rising costs to build out data center infrastructure and employee compensation costs — as Meta has been poaching researchers with mega salaries — would push the 2026 expense growth rate above the pace in 2025, the company has said. Reuters
Business Times
2 days ago
- Business
- Business Times
Meta plans fourth restructuring of AI efforts in six months: report
[Bengaluru] Meta is planning its fourth overhaul of artificial intelligence (AI) efforts in six months, The Information reported on Friday (Aug 15), citing three people familiar with the matter. The company is expected to divide its new AI unit, Superintelligence Labs, into four groups: a new 'TBD Lab', short for to be determined; a products team including the Meta AI assistant; an infrastructure team; and the Fundamental AI Research (Fair) lab focused on long-term research, the report said, citing two people. Meta did not immediately respond to a request for comment. Reuters could not independently verify the report. As Silicon Valley's AI contest intensifies, chief executive officer Mark Zuckerberg is going all-in to fast-track work on artificial general intelligence – machines that can outthink humans – and help create new cash flows. Meta recently reorganised the company's AI efforts under Superintelligence Labs, a high-stakes push that followed senior staff departures and a poor reception for Meta's latest open-source Llama 4 model. The social media giant has tapped US bond giant Pimco and alternative asset manager Blue Owl Capital to spearhead a US$29 billion financing for its data centre expansion in rural Louisiana, Reuters reported earlier this month. In July, Zuckerberg said Meta would spend hundreds of billions of dollars to build several massive AI data centres. The company raised the bottom end of its annual capital expenditures forecast by US$2 billion, to a range of US$66 billion to US$72 billion last month. Rising costs to build out data center infrastructure and employee compensation costs – as Meta has been poaching researchers with mega salaries – would push the 2026 expense growth rate above the pace in 2025, the company has said. REUTERS
The Star
2 days ago
- Business
- The Star
Meta plans fourth restructuring of AI efforts in six months, The Information reports
FILE PHOTO: Meta logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information reported on Friday, citing three people familiar with the matter. The company is expected to divide its new AI unit, Superintelligence Labs, into four groups: a new "TBD Lab," short for to be determined; a products team including the Meta AI assistant; an infrastructure team; and the Fundamental AI Research (FAIR) lab focused on long-term research, the report said, citing two people. Meta did not immediately respond to a request for comment. Reuters could not independently verify the report. As Silicon Valley's AI contest intensifies, CEO Mark Zuckerberg is going all-in to fast-track work on artificial general intelligence — machines that can outthink humans — and help create new cash flows. Meta recently reorganized the company's AI efforts under Superintelligence Labs, a high-stakes push that followed senior staff departures and a poor reception for Meta's latest open-source Llama 4 model. The social media giant has tapped U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital to spearhead a $29 billion financing for its data center expansion in rural Louisiana, Reuters reported earlier this month. In July, Zuckerberg said Meta would spend hundreds of billions of dollars to build several massive AI data centers. The company raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of $66 billion to $72 billion last month. Rising costs to build out data center infrastructure and employee compensation costs — as Meta has been poaching researchers with mega salaries — would push the 2026 expense growth rate above the pace in 2025, the company has said. (Reporting by Jaspreet Singh in Bengaluru; Editing by Alan Barona)
The Sun
2 days ago
- Business
- The Sun
Meta plans fourth AI restructuring amid Silicon Valley race
SILICON VALLEY: Meta is reportedly planning its fourth major restructuring of artificial intelligence efforts in just six months. The Information reported the move on Friday, citing three sources familiar with the matter. The company will split its AI unit, Superintelligence Labs, into four distinct groups. A new 'TBD Lab,' short for to be determined, will be formed alongside a products team housing the Meta AI assistant. An infrastructure team and the Fundamental AI Research (FAIR) lab will continue focusing on long-term AI advancements. Meta did not immediately respond to requests for comment, and Reuters could not independently verify the report. CEO Mark Zuckerberg is aggressively pushing Meta's AI ambitions amid intensifying competition in Silicon Valley. The company aims to develop artificial general intelligence (AGI), machines capable of surpassing human cognitive abilities. Meta recently consolidated its AI projects under Superintelligence Labs after key staff departures and mixed reactions to its Llama 4 model. The firm is also expanding its data center infrastructure, securing a $29 billion financing deal with PIMCO and Blue Owl Capital. Zuckerberg confirmed plans to invest hundreds of billions in AI data centers during a July announcement. Meta revised its annual capital expenditure forecast to between $66 billion and $72 billion last month. Rising infrastructure and talent acquisition costs are expected to drive higher expenses by 2026. - Reuters
