Meta Shares Slip After AI Model Delay And Mid-Trial Antitrust Tensions: What's Going On?
I'm PortAI, I can summarize articles.
Meta Platforms Inc. shares fell 0.67% to $639.57 following a report of delays in the release of its AI model, Behemoth, originally expected in April but now postponed to fall or later due to technical challenges. Internal frustrations have led to discussions of leadership changes in the AI team. Additionally, Meta is facing a federal antitrust trial regarding its acquisitions of Instagram and WhatsApp, which could impact its business strategy. Investors are closely monitoring updates on both the AI development and the legal proceedings.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments