Reported 2 days ago
Meta Platforms experienced a 0.6% decline in stock price after a media report revealed that the launch of its artificial intelligence project, 'Behemoth,' has been postponed to at least fall. Investors reacted negatively to the news, which indicated that the company's engineers were facing challenges in enhancing the AI model's functionalities, initially set for release at a conference in April. Despite this setback, Meta continues to thrive due to its strong social media offerings.
Source: YAHOO