Meta cuts 600 jobs amid AI expansion push
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An internal memo explaining the cuts said "many routine decisions can now be handled efficiently by technology."
Superintelligence Labs kicks off a major restructuring under new leadership. Will it yield anything more interesting than the Vibes app?
Meta AI's photo editing tools can be found in Instagram Stories when tapping the paintbrush icon. Users can describe what they want to add, remove, or change.
In a move that bucks the tech industry’s trend of aggressively hiring workers who specialize in artificial intelligence, Meta is slashing about 600 employees from its closely watched AI efforts, per reports on Wednesday.
Meta is making it easier for users to access its AI-powered photo and video editing tools by adding them to Instagram's Stories editor.
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Tesla's earnings miss, Meta job cuts, U.S. sanctions Russian oil and more in Morning Squawk
Heading into the report, a group of unions and watchdogs launched the "Take Back Tesla" campaign to urge investors to oppose Musk's new compensation plan. The highly publicized pay package would give the billionaire entrepreneur an opportunity to rake in almost $1 trillion in stock.
This pattern confirms that META stock is highly susceptible to sudden, sharp downturns whenever a major risk materializes.
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Meta Announces Mass Layoffs
Artificial intelligence has pervaded into nearly every aspect of society, from the workforce to education and even dating.
Meta swiftly quelled such concerns by adding a distinct feature to the product: a “privacy-protecting” light. The light is supposed to turn on whenever the user is recording, thus alerting other people to what’s happening.
Facebook’s parent company, Meta, is going to build a new artificial intelligence center in El Paso. The nearly 1.2 million square-feet facility will be built in Northeast El Paso and is expected to cost $1.