Meta CEO Mark Zuckerberg told an internal town hall on July 2, 2026 that AI agent development over the last four months "hasn't really accelerated in the way that we expected," according to a recording heard by Reuters. He said conversations with "top people" in January and February reflected concern the company "weren't going to move fast enough to adapt," and that executives were "super optimistic" at the time about tools like Anthropic's Claude Code. Zuckerberg said the reorganization, which included large-scale layoffs earlier this year, was not as "clean" as intended and that bets on the new structure "haven't come to fruition yet." He still expects more significant benefits within the next three to six months. Meta is projected to spend as much as $145 billion on AI infrastructure in 2026, part of Big Tech's combined outlay of more than $700 billion on the technology this year. Meta's $14 billion acquisition of Scale AI and the hiring of Alexandr Wang was an aggressive bet on closing the gap between base-model scaling and systems engineering, but Zuckerberg's remarks suggest it has not closed as fast as expected. Meta CTO Andrew Bosworth addressed the company's Model Capability Initiative (MCI), a program launched in April 2026 that captured employee keystrokes, mouse movements, and screen activity on US work laptops. Meta paused MCI in June after a permissions misconfiguration exposed captured employee data. Bosworth said