Market Chatter: Zuckerberg Says Meta Has Caught Up With Rivals on 'Frontier' AI, Rejects Calls for Slowdown

02:06 PM EDT, 10/12/2026 (MT Newswires) -- Meta Platforms (META) has caught up with OpenAI and Anthropic at the "frontier" of artificial intelligence and is committed to further spending to compete with rivals, the Financial Times reported Monday, citing an interview with Chief Executive Mark Zuckerberg. The company has also rejected calls by the heads of Anthropic and OpenAI to slow down the development of AI, the report said, citing Zuckerberg. Meta didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 748.01, Change: +29.34, Percent Change: +4.08