Meta Platforms has restructured its artificial intelligence operations, creating two separate units — an AI Products team headed by Connor Hayes and the AGI Foundations unit jointly run by Ahmad Al-Dahle and Amir Frenkel. The move comes as Meta is delayed getting its latest foundation model Llama 4 Behemoth to market and has also seen several key AI engineers depart. The idea is that dividing a single large organization into two smaller divisions will speed product development and add flexibility as Meta faces tough competition from top companies such as Google and OpenAI, as well as social companies X and TikTok. Continue reading Meta Restructures AI Ops in Wake of Llama 4 Behemoth Delay

Meta Platforms revenue for Q1 was $42.3 billion, up 16 percent year-over-year and besting Wall Street estimates of $41.3 billion. Profits were up 35 percent to $16.6 billion, hurtling past analyst estimates of $13.6 billion. Advertising, up nearly 15 percent for the quarter compared to last year, comfortably passed $41 billion, driving the revenue performance. Meta began Q2 by launching its anticipated standalone Meta AI app. Built with natively multimodal Llama 4 models, the company is positioning the Meta AI app as “a personal AI designed around voice conversations,” according to CEO Mark Zuckerberg. Continue reading Meta Touts 35 Percent Q1 Profit Jump, ‘Personalized’ AI App

Facebook has again integrated one of Snapchat’s most notable features, introducing Stories, which allows users to create photo/video montages that vanish within 24 hours. Two other camera-oriented features allow users to make the camera accessible with one rightward swipe and add filters and masks; and introduce a direct-messaging tool. All three features will be unveiled this week. Facebook has experienced a slump in posting, and is studying Snapchat as a way to zero-in on its millennial appeal. Continue reading Facebook Co-Opts Stories, Puts More Pressure on Snapchat