All articles tagged with #superintelligence labs
Meta is cutting around 600 roles in its Superintelligence Labs AI unit to increase flexibility and responsiveness, affecting teams focused on Facebook AI Research and product-related AI, while the newly formed TBD Lab remains unaffected. The company aims to streamline decision-making and enhance the impact of each role amid ongoing AI investments and restructuring.
Meta is laying off 600 employees in its Superintelligence Labs division to increase agility and decision-making speed, with the CEO emphasizing continued investment in AI and superintelligence development despite the restructuring.
Bank of America has reiterated its 'Buy' rating for Meta Platforms, citing the company's new Superintelligence Labs unit led by Alexandr Wang and recent hires of AI researchers, highlighting Meta's growing focus on AI and superintelligence efforts.
Meta has established a new division called Meta Superintelligence Labs, led by Alexandr Wang and co-led by Nat Friedman, to accelerate AI development, particularly towards artificial general intelligence, amid stiff competition from rivals like Google and OpenAI. The move follows recent staff departures and challenges with Meta's AI models, as the company aims to innovate and generate new revenue streams in AI-related products.
Meta Platforms (META) stock hit a record high of $738.09, driven by the company's focus on AI innovation, including the launch of its Superintelligence Labs led by top AI talent, and a recent $14.3 billion investment in Scale AI. The stock has gained 26% in 2025 and holds a Strong Buy consensus among analysts, with a slight downside target of 1.83%.