In Short:
– Meta is restructuring its AI unit, Superintelligence Labs, into four groups to enhance its AI efforts.
– The company plans a $29 billion financing for a new data centre in Louisiana to support AI infrastructure.
Meta plans its fourth restructuring of AI efforts in six months, as reported by Reuters. The company intends to divide its new AI unit, Superintelligence Labs, into four groups: a products team including the Meta AI assistant, an infrastructure team, and the Fundamental AI Research (FAIR) lab focused on long-term research.
As competition in Silicon Valley intensifies, CEO Mark Zuckerberg aims to accelerate work on artificial general intelligence. This involves creating systems that can outthink humans and contribute to new revenue streams. Meta’s recent reorganisation followed senior staff departures and a lukewarm response to its latest Llama 4 model.
Financing Expansion
Meta is engaging U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital to lead a $29 billion financing for a new data centre in rural Louisiana. In July, Zuckerberg announced plans for a substantial investment in AI data centre infrastructure, raising the lower end of the annual capital expenditures forecast to between $66 billion and $72 billion. Rising costs associated with infrastructure and competitive salaries are expected to drive up expense growth rates into 2026.