Meta delays release of new AI, weighs licensing Google’s Gemini after disappointing trial runs: report
NY Post
Mark Zuckerberg’s Meta is reportedly delaying the release of its next artificial intelligence model at least about two months after internal tests showed the tech falling short of rival models from Google, OpenAI and Anthropic.
The leaders of Meta’s AI division are considering temporarily licensing Google’s Gemini to power its products in the wake of the lackluster results, the New York Times reported this week.
Internal Meta testing showed lackluster performance for its new “Avocado” AI model even after techies worked on it for months, anonymous sources told the Times.
Instead of rolling out this month, Avocado is reportedly expected to launch around May after it failed to measure up in terms of reasoning, coding and writing.
The setbacks come after Zuckerberg, 41, threw the kitchen sink at developing AI. Meta has spent billions hiring top AI talent and committed $600 billion to building data centers to power the tech. Meta projected in January it would spend as much as $135 billion this year alone — nearly twice the $72 billion it blew through last year developing AI.
Zuckerberg said in July that Meta’s new AI models would “push the frontier in the next year or so.”
US stocks were little changed on Tuesday as oil prices dropped after President Trump signaled the war in Iran will be limited – though the drop slowed after the White House walked back a claim that an oil tanker had been escorted through an Iranian energy chokepoint.
After nearly 50 years in Orange County, Yamaha Motor Corp. USA is packing up its headquarters — trading Cypress, California for Kennesaw, Georgia in a sweeping corporate shift that will impact about 250 workers.The motorcycle and motorsports giant says the move is part of major “structural reforms” meant to boost profits as costs climb — including pressure from tariffs imposed during the administration of President Donald Trump and shifting market conditions.
Southern California’s luxury shopping landscape is shrinking as three high-end department store locations prepare to shut their doors.
Stocks went on a rollercoaster ride Monday — with the Dow finishing in positive territory on upbeat comments from President Trump after plunging nearly 900 points on simmering stagflation fears.
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter.
John Tatum is one of the most plugged-in businessmen I know, and yet when the bombs started flying over his hotel room in downtown Doha — just a few minutes from the embattled US military facility in Qatar — he was stranded and helpless.
Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks.
Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations.
Bars and eateries are adapting to the Ozempic era by offering mini cocktails.
Six Flags Entertainment will sell off seven of its amusement parks in the United States and Canada to EPR Properties, the company announced Thursday.
A pair of baby-faced Goldman Sachs bankers could be fired over flashy photo shoots and interviews they gave for an “unauthorized” spread in a trendy New York magazine, The Post has learned.
Ex-Fox News host Tucker Carlson took a major hit last week when a multimillion-dollar load of his ALP nicotine pouches vanished in a hijacking in Los Angeles. Now he’s offering a financial windfall to whoever tracks them down or the people responsible.