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The hiring freeze, part of Meta’s broader restructuring, also restricts internal team transfers within its AI division.
A pullback isn’t the same as a bubble popping—especially with the huge wave of money still set to flow into AI infrastructure.
The business cycle could be moving into territory where megacaps have historically lagged. Could this prompt the bursting of the AI megacap bubble?
U.S. stock futures are pointing lower as investors digest earnings from Walmart and review the latest trade agreement between the U.S. and European Union. S&P 500 futures are 0.2% lower after falling ...
Meta Platforms has frozen hiring in its artificial-intelligence division after spending months scooping up 50-plus AI researchers and engineers, according to people familiar with the matter. The ...
The AI Gold Rush Hits a Wall The artificial intelligence (AI) boom has propelled Big Tech valuations to dizzying heights, with companies like Meta Platforms (NASDAQ:META), Google, and Microsoft ...
It’s ending its hiring spree with a sudden freeze, The Wall Street Journal reports. It’s spent big on superintelligence, hiring over 50 new AI researchers and engineers, with offers worth tens of ...
However, seeing live AI translation in an Instagram Reel feels a little jarring to many users. In the comments of Mosseri's ...
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's ...
Big Tech is spending billions in a fierce AI talent war, using billion-dollar offers and reverse acquihires that reshape Silicon Valley and threaten innovation.
In addition to the AI-driven capabilities, Facebook Page creators now have the option to upload up to 20 of their own dubbed ...
If you haven't been investing in companies connected to the artificial intelligence trend, it's not too late to start.