Meta Restructures AI Division to Develop "Superintelligence" as Stock Hits All-Time High

According to a report by Jinse Finance, Meta Platforms (META.O) CEO Mark Zuckerberg has announced a major restructuring of the company’s artificial intelligence division, including a focus on developing “superintelligence”—systems capable of performing tasks as well as or even better than humans. In an internal memo sent to employees on Monday, Zuckerberg stated that Meta’s AI efforts will be consolidated under a new department called the Meta Superintelligence Labs (MSL), led by Alexandr Wang, former CEO of data labeling startup Scale AI. Wang will serve as the company’s Chief Artificial Intelligence Officer. Zuckerberg also noted that former Github CEO Nat Friedman will co-lead the group and oversee Meta’s work in AI product and application research. Following this announcement, Meta’s share price hit a record intraday high of $747.9.