Meta to cut 600 positions from its AI labs; Smallest AI, led by Indian-origin founder Sudarshan Kamath, has offered to hire ...
JPMorgan Chase & Co and Mitsubishi UFJ Financial Group are among banks leading the deal... said the people, who asked not to ...
Earlier this year, Meta CEO Mark Zuckerberg said that the rapid development of the latest AI tools would see Meta replacing ...
Meta axes 600 jobs in a major AI unit restructure. Read about the strategic shift impacting their AI teams and future ...
Meta is cutting around 600 positions out of the several thousand roles in its Superintelligence Labs, the Facebook owner said on Wednesday as it looks to make its artificial intelligence unit more ...
Data centre start-up Crusoe has raised $1.4bn, more than tripling its valuation to over $10bn in one year, as investors pile ...
Meta announces job cuts in its Superintelligence Labs to enhance flexibility and responsiveness in its artificial ...
With significant hedge fund interest, Meta Platforms, Inc. (NASDAQ:META) secures a spot on our list of the 13 best Fortune 500 stocks to invest in now. On October 16, 2025, Bloomberg reported that ...
About 600 employees in Meta Platforms' artificial intelligence division are set to be laid off as part of a wider effort to ...
Meta's JV with Blue Owl, funded through bonds issued by Pimco, signals the growing role of special purpose vehicles in ...
Pimco is already reaping big rewards from its role in financing Meta Platforms’ massive data center in Louisiana. The company has racked up roughly $2 billion in paper profits on a $27 billion debt ...