A billion here, a billion there.
After blowing tens of billions of dollars to apparently no avail on the Metaverse, Meta CEO Mark Zuckerberg has been funnelling yet more billions into AI. But according to a new report in the New York Times, Meta is going to tighten the screw on the money tap. Meta’s AI division will be « downsized. »
First up, Meta announced that Meta Superintelligence Labs will be split into four groups: AI research, AI “superintelligence”, products and infrastructure and other AI hardware.
The New York Times claims that, « Meta is also looking at downsizing the AI division overall—which could include eliminating roles or moving employees to other parts of the company—because it has grown to thousands of people in recent years, the people said. Discussions remain fluid and no final decisions have been made on the downsizing. »
Intriguingly, the report also claims that Meta is considering buying in AI models from third parties to power its products. « The company is also actively exploring using third-party artificial intelligence models », the New York Times claims.
