Meta has restructured its AI team by creating the AGI Foundations unit, which will focus on enhancing technologies like the Llama models and multimedia capabilities. This change aims to expedite product development without cutting jobs, despite some talent leaving for competitors. The restructuring is part of Meta's ongoing strategy to improve flexibility and ownership within its teams.

Meta Platforms has initiated a hiring freeze in its artificial intelligence division following a significant increase in spending and recruitment of over 50 AI researchers and engineers. The restructuring aims to create a more organized framework for its AI initiatives, although exceptions for external hires may be allowed with approval.