55 stories tagged #Mark Zuckerberg

  1. Meta Plans Up to 20% Staff Cuts to Fund AI Expansion and Automation
    tech

    Meta Plans Up to 20% Staff Cuts to Fund AI Expansion and Automation

    Meta is preparing sweeping layoffs-up to 20% of its global workforce-to finance massive AI infrastructure investments and accelerate AI-driven automation, amid setbacks with Llama 4 and development of its new 'Avocado' model.

    4mo ago 1 min read
  2. Meta Plans to Lay Off Up to 20% of Staff, Shift to AI
    tech

    Meta Plans to Lay Off Up to 20% of Staff, Shift to AI

    Meta reportedly plans to cut up to 20% of its workforce and replace many with AI, amid significant investments in AI infrastructure.

    4mo ago 1 min read
  3. Meta Eyes Major Layoffs Amidst Soaring AI Costs
    tech

    Meta Eyes Major Layoffs Amidst Soaring AI Costs

    Meta is reportedly planning significant workforce reductions, potentially impacting over 20% of its employees, as the company grapples with escalating AI infrastructure expenses.

    4mo ago 1 min read
  4. Meta Eyes Major Layoffs Amidst Escalating AI Infrastructure Costs
    tech

    Meta Eyes Major Layoffs Amidst Escalating AI Infrastructure Costs

    Meta is reportedly planning significant layoffs, potentially impacting over 20% of its workforce, as the tech giant grapples with mounting AI infrastructure expenses.

    4mo ago 1 min read
  5. Meta Slashes Stock Awards to Fuel AI Ambitions
    tech

    Meta Slashes Stock Awards to Fuel AI Ambitions

    Meta significantly reduces employee stock awards by 5% to redirect billions into artificial intelligence development amid intense industry competition.

    5mo ago 1 min read
  6. Zuckerberg Faces Jury in Landmark Social Media Addiction Trial
    tech

    Zuckerberg Faces Jury in Landmark Social Media Addiction Trial

    Meta CEO Mark Zuckerberg testifies in a California court regarding allegations that social media platforms addict children. Implications for the industry are significant.

    5mo ago 2 min read
  7. Meta Secures Massive Nvidia Chip Deal, Raising Questions on In-House Hardware
    tech

    Meta Secures Massive Nvidia Chip Deal, Raising Questions on In-House Hardware

    Meta Platforms inks a multi-billion dollar deal for Nvidia's next-gen AI chips, potentially signaling a shift in its homegrown hardware strategy.

    5mo ago 2 min read