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Story summary
- Mark Zuckerberg, Meta CEO, said on July 2, 2026 that AI agent development lagged expectations.
- He added that the May restructuring cut about 8,000 jobs and moved roughly 7,000 employees to AI teams, a shift he called less clean.
- Meta earmarked $145 billion for AI infrastructure in 2026 and expects significant returns within three to six months.
- Alexandr Wang, head of Meta Superintelligence Labs, said the internal model “Watermelon” matches OpenAI’s GPT-5.5 on benchmarks.
