Meta Shares Slip on Report That It’s Delaying Flagship AI Model

Meta Platforms Inc. shares declined on a report that the social networking company is delaying a flagship artificial intelligence model, sparking concerns about its AI push.

Meta engineers are having trouble improving the capabilities of the software — a large language model known as “Behemoth” — the Wall Street Journal reported on Thursday. Behemoth’s release, already delayed until June, has now been postponed until fall or later, the newspaper said.