Meta announced job cuts affecting 600 employees across AI research divisions, although the company expects most workers to ...

Meta, Microsoft, and Others Need Power. These Utility Stocks Will Benefit.

Meta is not alone in its recent layoffs. We take a look at the other major companies that have cut AI related roles. There are also some who have announced layoffs citing impact from AI reshaping the ...

Facebook’s parent company, Meta, is going to build a new artificial intelligence center in El Paso. The nearly 1.2 million ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle ...

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations ...

OpenAI’s launch of its pioneering ChatGPT sparked a global AI craze that has sparked hundreds of billions of dollars in ...

Meta announced the cuts in a memo from Chief AI Officer Alexandr Wang, Axios reported. It parroted a go-to layoff reasoning from CEO Mark Zuckerberg — that smaller teams are better for the company.

Meta will lay off 600 employees from its artificial intelligence (AI) unit, according to a CNBC report. These cuts were ...

Notably, Meta's recently formed TBD Lab group, which includes many of the highly paid new recruits, remains unaffected.

Like Collins, several Americans said in follow-up interviews that they are worried about the energy and water required to ...

Mark Zuckerberg’s company is cutting around 600 jobs from its AI division, despite earlier massive hiring. The layoffs, confirmed by Chief AI Officer Alexandr Wang.