Meta Platforms (META) Rebounds on AI Focus and 30% Metaverse Budget Cuts
Meta plans to release a new AI model by early 2026 and cut 30% of its metaverse budget, shifting focus from costly virtual worlds toward AI development.
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Recently added · Page 1Meta (META) Advances AI with 'Avocado' Model, Cuts Metaverse Budget by 30%
Meta plans to launch a new AI model 'Avocado' in early 2026 while cutting up to 30% of its Metaverse development budget, reflecting a strategic shift from virtual worlds to AI superintelligence.
Meta (META) Rebounds on UK Paid Ad-Free Subscription Rollout
Meta will offer UK users ad-free Facebook and Instagram subscriptions for £3.99 mobile/£2.99 web, following its EU rollout, aiming to diversify revenue amid regulatory pressure.