Meta Resets AI, Hardware Plans As 'Avocado' Delays, Leadership Turmoil, Cost Cuts Mount

Benzinga

Meta is reshaping its AI strategy by shifting away from open source, appointing Scale AI founder Alexandr Wang as chief AI officer, and pushing its frontier model “Avocado” to 2026 after training setbacks. Rising capex above $70B and major infrastructure partnerships signal a deep pivot toward proprietary large-scale AI.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Meta is overhauling its artificial intelligence strategy with new leadership,

00:07a move away from open source development, and rising capital expenditures, according to Benzinga.

00:13CNBC reported that Meta is developing a new frontier model called Avocado,

00:18now delayed to early 2026, after training issues. The model may debut as proprietary,

00:25marking a sharp pivot from the company's recent open source approach.

00:29Zuckerberg removed Chief Product Officer Chris Cox from the AI division

00:32and appointed Scale AI founder Alexander Wong as Chief AI Officer.

00:37Meta spent $14.3 billion to acquire Wong's team and raised its 2025 CapEx outlook to more than $70 billion.

00:45Meta expanded its infrastructure by partnering with CoreWeave and Oracle

00:49and building its Hyperion facility in Louisiana.

00:52Meta shares are up 12% year-to-date.

00:54For all things money, visit Benzinga.com.

00:58Meta says,

00:59my career is the MSN

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