The layoffs follow a recent aggressive hiring spree where Meta recruited talent from Apple, OpenAI, and Anthropic. Despite the reductions, Meta’s newly formed TD Lab, home to many of its highest-paid ...
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 ...
Bank of America analysts Justin Post and his team provided an outlook for Meta (META) stock ahead of the Q3 earnings report, ...
Meta has struck a US$27bil financing deal with Blue Owl Capital to fund its biggest data centre project globally, as large ...
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 ...
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 ...
Meta has signed a $27 billion financing deal with Blue Owl Capital to build its largest-ever Hyperion data center in ...
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