Meta Superintelligence Labs (MSL) was just launched almost two months ago and will be Meta’s lab for developing general intelligence (AGI). MSL started out on a high note with Meta offering hundreds of millions in bonuses to employees of competing companies to move. This morning, MSL was split into four different groups and staffing levels will be reduced, according to a New York Times report.
MSL is being split into a superintelligence development group, an AI product group, an infrastructure and hardware project group, and an AI research group. Meta is also considering cutting AI development staff, but no decision has been made at this time.
The cuts may come after Meta spent heavily to attract AI talent, which has worried investors. This concern arose because Meta previously spent tens of billions to build the metagame Horizon Worlds but all of it melted away after it failed to attract users and headset sales were still disappointing.
The restructuring came after OpenAI founder Sam Altman said the AI market was currently in a bubble. If the bubble bursts like the dot.com at the beginning of the millennium, it will cause huge losses.