Tech
tech
Jon Keegan

WSJ: Amid struggles, Meta delays release of Llama 4 “Behemoth” AI model

The jumbo version of Meta’s flagship AI model Llama has been delayed amid performance struggles.

According to the report from The Wall Street Journal, Meta engineers aren’t able to achieve the kinds of exponential leaps in performance that early generations of generative-AI models delivered, a phenomenon that is manifesting across the industry.

Recent breakthroughs in efficiency and cost achieved by breaking models down into smaller parts — like DeepSeek — are matching or beating scores of some of the drastically larger and more expensive models, like Meta’s Llama and OpenAI’s o1.

This shift has occurred as some tech giants like Microsoft appear to be pulling back on large commitments for AI data centers.

Meta recently upped its capex projections to $60 billion to $72 billion for this year, including a massive city-sized data center in Louisiana. The company’s gargantuan data center plans are built on the expectation of running the Llama 4 models.

Meta released two smaller versions of Llama 4 in April: “Maverick” and “Scout.”

The report says the delay is causing frustration within the company, as it has been hyping up expectations for the new model over the past year:

“Senior executives at the company are frustrated at the performance of the team that built the Llama 4 models and blame them for the failure to make progress on Behemoth, according to people familiar with their views. Meta is contemplating significant management changes to its AI product group as a result, the people said.”

Meta shares were down 2.4% on the news.

Recent breakthroughs in efficiency and cost achieved by breaking models down into smaller parts — like DeepSeek — are matching or beating scores of some of the drastically larger and more expensive models, like Meta’s Llama and OpenAI’s o1.

This shift has occurred as some tech giants like Microsoft appear to be pulling back on large commitments for AI data centers.

Meta recently upped its capex projections to $60 billion to $72 billion for this year, including a massive city-sized data center in Louisiana. The company’s gargantuan data center plans are built on the expectation of running the Llama 4 models.

Meta released two smaller versions of Llama 4 in April: “Maverick” and “Scout.”

The report says the delay is causing frustration within the company, as it has been hyping up expectations for the new model over the past year:

“Senior executives at the company are frustrated at the performance of the team that built the Llama 4 models and blame them for the failure to make progress on Behemoth, according to people familiar with their views. Meta is contemplating significant management changes to its AI product group as a result, the people said.”

Meta shares were down 2.4% on the news.

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WSJ: OpenAI IPO filing could be coming as soon as this week

According to a report from The Wall Street Journal, OpenAI could file for an IPO as soon as this week. The company is working with Goldman Sachs and Morgan Stanley on the IPO, which is widely expected to be one of the largest ever. OpenAI is racing against rival Anthropic to be the first startup of the current generative-AI boom to go public.

OpenAI is targeting an IPO as soon as September, per the report.

US-TECHNOLOGY-AI-GOOGLE

Google announces new models, glasses, agents, but investors are not impressed

At Google’s I/O developer conference, the company announced a bevy of new products, but none of it helped the stock one bit.

Jon Keegan5/19/26
tech
Rani Molla

Report: Tesla to build solar factory near Houston

Tesla is planning to build its solar panel manufacturing plant — an endeavor that could add up to $50 billion in value to its energy business — near Houston, Texas, Electrek reports. The plant would be located on the same site as its Megafactory, which builds Megapack battery systems.

The solar plant is part of Tesla and SpaceX’s goal of eventually putting solar-powered data centers in space.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

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