META Is Facing Multiple AI-Related Challenges - Insider Monkey
After Meta (META) disclosed that its head of AI Research is leaving, CNBC reported that the tech giant is facing multiple other challenges on the AI front.
Has Meta Lost Its AI Momentum?
Joelle Pineau, who was the head of Meta’s AI Research department for eight years, is leaving the company, CNBC reporter Deirdre Bosa noted. Bosa added that “other recent developments might or should have investors wondering if Meta has lost its AI edge.”
Specifically, it has been eight months since Meta released a new version of its Llama AI model, while OpenAI and Alphabet (GOOG,GOOGL) have each unveiled multiple, new AI models already in 2025. Further, according to one source, Meta’s AI chatbot had the lowest traffic in March among major players in the category.
A Number of Positive AI Catalysts Could Be on the Way for Meta
The company is slated to hold its first LlamaCon on April 29. At the conference, it plans to introduce its new AI initiatives, and Meta CEO Mark Zuckerberg has “teased upcoming Llama models,” Bosa noted.
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