Meta Platforms (META) Accelerates AI Race With New Lab Structure

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks In The Spotlight For Investors. On August 15, The Information reported that Meta is planning its fourth overhaul of artificial intelligence efforts in six months. According to the report, the company is expected to divide its new AI unit, Superintelligence Labs, into four groups.

These groups are a new “TBD Lab,” short for to be determined; a products team including the Meta AI assistant; an infrastructure team; and the Fundamental AI Research (FAIR) lab focused on long-term research. The TDB Lab, developing the newest version of Meta’s flagship large language model Llama, is expected to have multiple leaders.

With the AI arms race intensifying, CEO Mark Zuckerberg is accelerating his efforts to achieve artificial general intelligence — helping create new revenue streams.

Meta Platforms (META) Accelerates AI Race With New Lab Structure

A close-up of two software engineers typing away at laptops in a modern, well-lit office.

The restructuring plans have not yet been announced internally and could still change, sources told The Information.

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks Analysts Are Watching Closely and 10 Trending AI Stocks in Focus This Week.

Disclosure: None.