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00:02Meta's upcoming foundational AI model Avocado underperformed rival systems during internal
00:07evaluations, according to the New York Times. Tests showed the model lagging behind newer
00:12systems from Google and Anthropic. Avocado is designed to power chatbots, coding assistants,
00:18and other AI products across Meta's ecosystem. The model performed better than Meta's earlier
00:23systems and an earlier version of Google's Gemini, but did not match the latest Gemini release.
00:28Meta has delayed Avocado's launch to at least May from an earlier plan for this month.
00:33Meta projected up to $135 billion in spending this year to expand AI infrastructure and data
00:39centers. Meta is developing additional AI systems, including Mango for image and video generation,
00:45and a future model reportedly codenamed Watermelon. For all things money, visit Benzinga.com.
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