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  • 6 months ago
Meta Platforms is restructuring its AI division, Superintelligence Labs, for the fourth time in six months, according to The Information. The unit will be split into a products team with the Meta AI assistant, an infrastructure team, the FAIR lab for long-term research, and a new lab that is to be determined. Meta secured $29 billion in financing and plans to invest hundreds of billions more to build large-scale AI data centers. The overhaul comes as CEO Mark Zuckerberg pushes toward artificial general intelligence while facing talent wars, high compensation offers, and criticism from rivals like Elon Musk and AMD CEO Lisa Su.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta Platforms is restructuring its AI division, Super Intelligence Labs,
00:06for the fourth time in six months, according to the information.
00:08You know what we split in a products team with a Meta AI assistant,
00:11an infrastructure team, the FAIR lab for long-term research,
00:14and a new lab that has to be determined.
00:16Meta secured $29 billion in financing,
00:19plans to invest hundreds of billions more to build large-scale AI data centers.
00:23The overall cost is CEO Mark Zuckerberg pushes towards artificial general intelligence
00:26while facing talent wars, high compensation offers,
00:30and criticism of rivals like Elon Musk and AMD CEO Lisa Su.
00:33For all things money, visit Benzinga.com.
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