financetom
Business
financetom
/
Business
/
Market Chatter: Meta Platforms' Chief AI Scientist Plans to Depart
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Meta Platforms' Chief AI Scientist Plans to Depart
Nov 19, 2025 3:17 PM

05:47 PM EST, 11/19/2025 (MT Newswires) -- Meta Platforms' ( META ) chief AI scientist, Yann LeCun, will leave the company by year-end to start a new company, Bloomberg reported late Wednesday, citing an internal memo.

LeCun stated in the memo that Meta will be a partner of his new company and will have access to its innovations. Details of the collaboration are yet to be finalized, a person with knowledge of the plans told Bloomberg.

LeCun reportedly found it challenging to access resources for his projects at Meta as the firm prioritized creating models to compete with rivals. His public criticism of Meta's approach could mean he had disagreements with others internally, sources told the media outlet.

LeCun's new company focuses on Advanced Machine Intelligence, which is trained on visual and other sensory data to make predictions about the physical world, according to the report.

Meta Platforms ( META ) did not immediately respond to a request for comment from MT Newswires.

(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 >
Compass is in talks to buy Buffett's real-estate brokerage unit, WSJ reports
Compass is in talks to buy Buffett's real-estate brokerage unit, WSJ reports
Mar 13, 2025
March 13 (Reuters) - Home brokerage Compass is in advanced talks to acquire Warren Buffett's real-estate brokerage business, the Wall Street Journal reported on Thursday, citing people familiar with the matter. (Reporting by Bhanvi Satija in Bengaluru; Editing by Arun Koyyur) ...
Ulta Beauty Fiscal Q4 Earnings Rise, Net Sales Fall; Shares Jump After Hours
Ulta Beauty Fiscal Q4 Earnings Rise, Net Sales Fall; Shares Jump After Hours
Mar 13, 2025
04:20 PM EDT, 03/13/2025 (MT Newswires) -- Ulta Beauty ( ULTA ) reported fiscal Q4 earnings Thursday of $8.46 per diluted share, up from $8.08 a year earlier. Analysts polled by FactSet expected $7.12. Net sales in the 13 weeks ended Feb. 1 fell to $3.49 billion from $3.55 billion a year earlier. Analysts surveyed by FactSet expected $3.47 billion....
Prospect Capital Insider Bought Shares Worth $8,640,000, According to a Recent SEC Filing
Prospect Capital Insider Bought Shares Worth $8,640,000, According to a Recent SEC Filing
Mar 13, 2025
04:14 PM EDT, 03/13/2025 (MT Newswires) -- John F Barry, 10% Owner, Director, CEO, on March 11, 2025, executed a purchase for 2,000,000 shares in Prospect Capital ( PSEC ) for $8,640,000. Following the Form 4 filing with the SEC, Barry has control over a total of 81,840,806 common shares of the company, with 81,501,933 shares held directly and 338,873...
Datadog Insider Sold Shares Worth $862,681, According to a Recent SEC Filing
Datadog Insider Sold Shares Worth $862,681, According to a Recent SEC Filing
Mar 13, 2025
04:13 PM EDT, 03/13/2025 (MT Newswires) -- Sean Michael Walters, Chief Revenue Officer, on March 11, 2025, sold 8,454 shares in Datadog ( DDOG ) for $862,681. Following the Form 4 filing with the SEC, Walters has control over a total of 185,879 Class A common shares of the company, with 185,871 shares held directly and 8 controlled indirectly. SEC...
Copyright 2023-2026 - www.financetom.com All Rights Reserved