I recall rumors that those people they hired at astronomical figures are just fucking around because they know Marc will look bad if he fires them

The most likely reason is internal dysfunction, they certainly have the resources to keep the same release pace

Doesn't Facebook already have an ad platform?

Meta research released updated segmentation models a few months ago:

https://github.com/facebookresearch/sam-3d-objects

https://github.com/facebookresearch/sam3

IMO that's far more valuable to the ecosystem than more AIaaS

AFAIK Zuck got mad and restructured the whole department.

What's likely is that there won't be anything open / significant coming out from them anymore

Poor leadership I will say. So much funds and still they could not do better.

Weird that Zuck is still huffing the open platform copium when everyone outside the US uses deepseek

History suggests that when Zuck takes a personal interest in a project, it tends to derail. Metas AI initiative might be headed for the same fate as his previous obsessions.

I wonder why they did not yet rename themselves to "AI" or "Llama" because surely Metaverse ("Meta") is not a hot thing anymore?

fell off the Llama

The AI bubble is starting to burst.