financetom
Business
financetom
/
Business
/
Market Chatter: Meta Delays Launch of AI Model Due to Performance Concerns
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Meta Delays Launch of AI Model Due to Performance Concerns
Mar 13, 2026 2:29 AM

05:05 AM EDT, 03/13/2026 (MT Newswires) -- Meta Platforms ( META ) has postponed the launch of its artificial intelligence model Avocado to at least May as the AI tool fell short of internal tests, The New York Times reported late Thursday, citing three unnamed people familiar with the matter.

Avocado has not performed as strongly as Alphabet (GOOG, GOOGL) Google's ( GOOG ) Gemini 3.0 from November, two of the sources told The New York Times.

The Facebook parent's AI division has instead decided to temporarily license Gemini to power the company's AI products, though no final decision has been reached, according to the news outlet, citing the people.

Meta did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BK Technologies Debuts RelayONE Portable Repeater Kit, Receives Purchase Order From Larimer County
BK Technologies Debuts RelayONE Portable Repeater Kit, Receives Purchase Order From Larimer County
Apr 4, 2025
10:32 AM EDT, 04/04/2025 (MT Newswires) -- BK Technologies ( BKTI ) said Friday it launched RelayONE, a portable repeater kit that is designed to promote interoperability between various types of public safety and military radios. The company also said it received a purchase order for RelayONE kits from the Larimer County Sheriff's Office in Fort Collins, Colorado, for use...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Bausch + Lomb's Q1 Earnings Expected in Line With Forecasts, RBC says
Bausch + Lomb's Q1 Earnings Expected in Line With Forecasts, RBC says
Apr 4, 2025
10:37 AM EDT, 04/04/2025 (MT Newswires) -- Bausch + Lomb ( BLCO ) is set to report its Q1 results on April 30, with revenue and earnings before interest, taxes, depreciation, and amortization expected in line with consensus, RBC said in a report Friday. Investors will be closely watching for updates on the company's dry-eye disease prescription drugs, Miebo and...
CleanSpark Bitcoin Production in March Up 13% From February
CleanSpark Bitcoin Production in March Up 13% From February
Apr 4, 2025
10:37 AM EDT, 04/04/2025 (MT Newswires) -- CleanSpark ( CLSK ) said Friday that the bitcoins it mined in March rose 13% sequentially to 706 bitcoins, raising the calendar year total to 1,956. The company said it sold 14.23 bitcoins in March at an average price of about $87,742 per bitcoin. As of March 31, CleanSpark's ( CLSK ) total...
Copyright 2023-2026 - www.financetom.com All Rights Reserved