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Meta to cut 8,000 jobs

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Rationale
 · 1d · on MSN
Meta to cut 8,000 jobs as it charges into AI
Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company pushes deeper into artificial intelligence.

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 · 1d
Meta says it will cut 8,000 jobs as AI spending soars
 · 1d · on MSN
Meta to lay off 10% of global workforce amid massive AI spending
 · 1d
AI & Tech Brief: More layoffs at Meta rattle Silicon Valley
Meta will lay off 10 percent of its workforce in May.

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 · 1d
Meta tells employees it’s cutting 10% of its workforce
 · 1d
Meta to cut one in 10 jobs after spending billions on AI
 · 2d
Meta says it will cut 8,000 jobs as AI spending grows
A key reason for the layoffs is Meta's increased spending in other areas of the company, including AI, for which it will this year spend $135bn (£100bn).

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 · 1d
Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
 · 1d
Microsoft and Meta announce large staff reductions as they spend big on AI

Meta, Amazon and Graviton

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Blockonomi · 1d
Meta Expands AI Infrastructure With AWS Graviton Deal for Agentic AI
Meta adds tens of millions of AWS Graviton cores to scale Meta AI and power next-generation agentic AI systems.

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CNET · 19h
Meta Just Signed a Huge Deal to Use Amazon's Graviton CPU Chips for AI
 · 1d · on MSN
Meta signs multibillion-dollar deal to use Amazon’s Graviton chips for agentic AI
Blockonomi
1d

Meta (META) Stock Dips 2.3% Despite Announcing 8,000 Job Cuts – Here’s What Investors Are Missing

Meta (META) stock drops 2.31% after announcing 8,000 layoffs and canceling 6,000 open positions to fund its massive $135 billion AI infrastructure push.
Gizmodo
25d

Meta Tries to Normalize ‘AI Glasses’ With Slimmer Frames

Meta has two new pairs of AI smart glasses that are geared toward a thing that glasses have been doing for quite a while—helping you see. The Ray-Ban Meta Blayzer Optics and Scriber Optics are more focused on people who wear prescription lenses and also ...
Business Insider
1mon

Meta is laying off hundreds of employees across Reality Labs and other groups

Meta began laying off hundreds of employees on Wednesday. The company has made several rounds of layoffs in recent years as it has sought to become more efficient. At the same time, Meta has continued to pour billions of dollars into AI. Meta began laying ...
Android
24d

Meta’s New Ray-Bans: Prescription Glasses Meet AI Nutrition Tracking

Meta launched Ray-Ban AI prescription glasses starting at $499. The smart glasses feature hands-free nutrition tracking, WhatsApp summaries, and on-device processing. It aims to bring smart eyewear to everyday users needing vision correction and seamless ...
CNBC
1mon

Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals

Meta unveiled four custom, in-house chips tailored for artificial intelligence-related tasks. The MTIA 300 was deployed a few weeks ago, while the MTIA 400, MTIA 450 and MTIA 500 will follow, with a new chip released about every six months. Vice President ...
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