I saw a pretty crucial piece of news today. The launch of $Meta Platforms(META.US)'s new-generation AI model "Avocado" has been delayed again. The latest word is that it won't be ready until at least May because internal testing performance hasn't met expectations, especially lagging behind competitor models in reasoning, coding, and writing capabilities.

The market reaction was also very direct. META's stock fell by over 2% yesterday, which can be seen as an immediate response to this news.

But my personal view isn't that pessimistic. Meta plans to increase its AI capital expenditure to a maximum of $135 billion this year, clearly aiming to go all-in on AI infrastructure and computing power. This scale is more like "heavy assets for the future."

The short-term issues are:

1) Slow model progress

2) AI investment is too capital-intensive

3) The market is already pricing $Meta Platforms(META.US) as an AI company

However, the long-term logic hasn't changed: advertising cash flow + AI recommendations + social ecosystem.

My current strategy is: not chasing highs, but I'll slowly add some on pullbacks.

A question for everyone:

If Avocado AI really falls behind Gemini and OpenAI, would you still continue to hold META?