Meta Stock Proves Bulletproof Despite Departure of AI Godfather
Meta Platforms' shares remained stable despite the departure of Yann LeCun, its chief AI scientist and a Turing Award winner. LeCun, known as a 'godfather' of AI, announced his exit to start a new venture, expressing pride in his work at Meta's FAIR lab. His departure comes as Meta intensifies its AI efforts to compete with Google and OpenAI.
Shares in Meta Platforms (META) held up today despite its main AI 'godfather' deciding to quite the business.
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Chief Scientist Leaves
Meta's chief AI scientist Yann LeCun confirmed media reports from earlier this month that he is leaving to set up his own start-up venture.
In a series of posts on Threads, LeCun thanked Meta's founder Mark Zuckerberg and said that its Fundamental AI Research (FAIR) lab was his "proudest non-technical accomplishment".
"As many of you have heard through rumours or recent media articles, I am planning to leave Meta after 12 years," he wrote. "The impact of FAIR on the company, on the field of AI, on the tech community, and on the wider world has been spectacular."
LeCun is a winner of the Turing Award, which is dubbed the 'Nobel Prize of Computing', and considered a godfather of modern AI.
In recent months it appears that LeCun has been somewhat sidelined as Meta looks to ramp up its AI offerings and better compete with rivals such as Alphabet-owned Google (GOOGL) and OpenAI.
