Meta plans to cut 10% of its global workforce, potentially affecting nearly 8,000 employees. In addition, more employees ...

Meta is reportedly planning to cut around 8,000 jobs starting May 20 as CEO Mark Zuckerberg pushes AI-focused restructuring, triggering anxiety among employees over possible layoffs.

Blackstone is investing $5 billion in the venture that will provide compute-as-a-service offering with Google's AI chips, ...

Meta’s restructuring is part of its wider push to expand its artificial intelligence efforts and bring AI agents into both ...

Nebius is rapidly scaling its full-stack AI cloud platform, building key partnerships including a $27 billion multi-year deal ...

Google and Blackstone are creating a standalone AI cloud company that will sell Google’s proprietary TPU chips to outside ...

The company is transferring workers to four new organizations building AI tools and apps, according to NYT and Reuters.

Meta plans to transfer 7,000 employees to AI-focused initiatives and eliminate managerial roles as part of a broader restructuring effort, impacting 20% of its workforce globally.

Meta is expected to lay off around 10 per cent of its global workforce tomorrow, on May 20. As per reports, the company will ...

The business will give customers another way to access Google’s TPUs, in a similar fashion to cloud provider CoreWeave . Blackstone said it will make an initial $5 billion equit ...

Two of the largest names in digital advertising have moved in opposite directions over the past month, and the gap is ...

Meta is moving 7,000 employees into newly created AI-focused teams as the company doubles down on artificial intelligence.