Meta said in January that it plans to spend somewhere between $115 billion and $135 billion in the pursuit of AI superintelligence, but it’s hit a snag after its newest AI model is reportedly behind rivals. The New York Times reports that Meta’s new AI image and video model, codenamed ‘Avocado’, has fallen short in tests when compared to models from rivals OpenAI, Google, and Anthropic. The report comes from anonymous sources inside Meta who tell the newspaper that it’s failed to beat Gemini 3.0 during internal testing. Avocado was slated to be released this month, but the disappointing results have forced Meta to delay the release of Avocado until at least July. Embarassingly, Meta is now considering licensing Google Gemini to power its AI products in the short term.…