Analyst: Meta acknowledges that progress in AI has not met expectations, but it is not "throwing in the towel."

Analyst Adam Button stated that the media quoted news from an internal all-staff meeting at Meta Platforms, where CEO Mark Zuckerberg admitted that the development speed of the AI intelligence body in the past four months did not meet expectations. Meta has been in the spotlight this week due to recent rumors that the company is considering selling excess computing power, leading to market speculation that it may be withdrawing from the basics model race. Meta has also faced challenges to its corporate culture due to layoffs and restructuring, and has attempted to improve employee morale through relatively superficial means such as providing snacks and hosting hackathons. Zuckerberg admitted during the meeting that the departmental restructuring "could have been more efficient" and that executives were concerned earlier in the year that "AI actions were not fast enough." However, Zuckerberg does not seem ready to back down yet, as he believes the best outcomes of the restructuring have not been achieved and still sees the long-term trend aligning with the direction of the restructuring. This does not sound like waving a white flag. After the latest media reports, Meta's stock price initially came under pressure but soon rebounded.