Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., September 17, 2025. REUTERS/Carlos Barria/File Photo Purchase Licensing Rights
NEW YORK, July 2 (Reuters) - Meta (META.O) Chief Executive Mark Zuckerberg told an internal town hall on Thursday that AI agent development over the last four months had not "accelerated in the way we expected," according to a recording heard by Reuters.
Zuckerberg added that a company reorganization that included major job cuts was not as "clean" as it could have been and that executives had miscalculated on the timing of the changes.
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Conversations he was having "with our top people" when they started planning the restructuring in January and February "were that they were worried that we weren't going to move fast enough to adapt," Zuckerberg said.
At the time, he said, executives were "super optimistic" about tools like Claude Code from AI startup Anthropic.
In retrospect, he said, "I think the kind of trajectory of the agentic development over at least the last four months hasn't really accelerated in the way that we expected," and that the company's bets on the new structure "haven't come to fruition yet."
Meta is projected to spend as much as $145 billion on AI infrastructure this year, a significant portion of Big Tech's more than $700 billion outlay on the technology.
Zuckerberg said he expects that the social media giant will begin to experience more significant benefits from its AI investments within the next three to six months.
A Meta spokesperson declined to comment on Thursday.
In the same town hall, Meta's chief technology officer, Andrew Bosworth, said a review of a recent data security incident with the company's controversial mouse-tracking software indicated that no employee data was included in AI training.
Last month, Meta paused the program, which tracks employee mouse movements and digital activity for AI training, while investigating the exposure of sensitive data.
If the company turns the program back on once the review is completed, it will be on an "opt-in" basis, he said.
When Meta first installed the program on U.S. employees' computers in April, Bosworth told them there was no way to opt out.
Reporting by Katie Paul in New York and Courtney Rozen in Washington; Additional reporting by Jaspreet Singh in Bengaluru;
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