After billions in AI spending, Meta may miss deadline it set for itself

Meta's highly anticipated AI model, codenamed Avocado, faces a two-month delay, missing its mid-March launch target. Falling short of rivals on internal tests, the model is now expected in May. This setback for Meta's ambitious AI spending raises questions about its ability to compete with industry leaders. Internal discussions even explored licensing Google's Gemini as a temporary solution.

By TOI TECH DESK