Meta has delayed the release of its AI model, Avocado, to at least May 2024, a shift from this month, as reported by the New York Times. Sources indicate that Avocado’s performance lags between Google’s Gemini 2.5 and 3. Meta aims to showcase a rapid trajectory in AI development, emphasized by CEO Mark Zuckerberg’s remarks about consistently pushing the frontier with new models. Amidst investor scrutiny, Meta has also explored temporarily licensing Gemini for its AI products. The company has invested heavily, with plans for $115 billion to $135 billion in capital spending this year, aimed at establishing its own chips and building data centers for AI training. However, investors remain cautious about the returns on this substantial expenditure. With leadership changes and ongoing project delays, the upcoming Avocado model is closely watched as part of Meta’s ambitious AI advancements.
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