4 stories tagged #Meta Platforms Inc.

  1. Meta Slashes Workforce by 10%, Axes 6,000 Roles in AI Overhaul
    tech

    Meta Slashes Workforce by 10%, Axes 6,000 Roles in AI Overhaul

    Meta Platforms Inc. announces major layoffs and role cancellations as it pivots workforce towards AI initiatives and operational efficiency. Company restructures to prioritize AI development.

    last mo. 2 min read
  2. Meta Unveils Muse Spark: A Powerful New AI for Health and Data Analysis
    tech

    Meta Unveils Muse Spark: A Powerful New AI for Health and Data Analysis

    Meta's new Muse Spark AI model excels at health queries and multimodal analysis, outperforming leading competitors.

    2mo ago 1 min read
  3. 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.

    2mo ago 1 min read
  4. Meta Unveils Custom AI Chips to Power Inference Workloads
    tech

    Meta Unveils Custom AI Chips to Power Inference Workloads

    Meta Platforms Inc. has designed four custom AI chips, including the powerful MTIA 500, to enhance its internal artificial intelligence operations and generative AI capabilities.

    3mo ago 1 min read