Meta is spending $600 billion on AI data centers, cutting 16,000 jobs, and still falling behind Google and OpenAI. In a single week in March 2026, the company delayed its flagship AI model, acquired two agent startups, and reportedly began planning the largest layoffs in its history
Meta is reportedly planning to cut up to 20 percent of its 79,000-person workforce, which would eliminate roughly 16,000 jobs. The cuts are tied to the company's $600 billion AI infrastructure investment, which is consuming capital faster than its current headcount structure can sustain
Meta has delayed the launch of its next-generation AI model, codenamed "Avocado," from March to at least May 2026. Internal testing revealed the model falls short of competitors from Google and OpenAI, landing somewhere between Google's Gemini 2.5 and Gemini 3 in performance
Meta has acquired Moltbook, a Reddit-style social network built exclusively for AI agents. The platform launched in late January 2026 as an experimental "third space" where AI bots can autonomously post, comment, and upvote or downvote content
Meta Platforms signed a three-year AI content licensing deal with News Corp worth up to $50 million per year. The agreement gives Meta access to News Corp's US and UK news archives to train AI models and power real-time responses in Meta AI products across Facebook, Instagram, WhatsApp, and Messe...