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Zuckerberg Admits Meta's AI Development 'Hasn't Accelerated' Despite Billions Invested and 8,000 Job Cuts

International Business Times UK — July 06, 2026 at 06:51 AM UTC

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Zuckerberg Admits Meta's AI Development 'Hasn't Accelerated' Despite Billions Invested and 8,000 Job Cuts

Zuckerberg admitted Meta's AI hasn't accelerated as expected, delaying automation plans after massive layoffs and $145B spending, raising doubts about AI's promised impact.