Superintelligence Labs was set up earlier this year as a multibillion-dollar effort to boost Meta’s AI efforts.
About 600 employees in Meta Platforms' artificial intelligence division are set to be laid off as part of a wider effort to ...
Meta is cutting 600 jobs in its artificial intelligence division. This move aims to create a faster, more efficient ...
Meta's layoffs will hit employees in AI infrastructure, Fundamental Artificial Intelligence Research unit (FAIR) and other AI ...
Meta to cut 600 AI jobs amid Superintelligence Labs restructuring following $27 billion financing deal to expand data centre ...
The layoffs don't appear to signal a retreat from AI. Just a day earlier, Reuters reported that Meta closed a $27 billion ...
Meta is set to reduce around 600 positions in its AI unit, including roles within FAIR and AI infrastructure units. Learn ...
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 ...
Dow Jones Top Financial Services Headlines at 4 PM ET: Fed Lost Access to Private Jobs Data Ahead of Government Shutdown | Subprime ... Payroll processing firm ADP ended its data-sharing with the ...
Meta has a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and develop the social media ...
Meta Platforms cuts 600 AI jobs as part of Superintelligence Labs restructuring, keeping key teams and continuing strategic ...