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The hiring freeze, part of Meta’s broader restructuring, also restricts internal team transfers within its AI division.
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 ...
Meet Alexandr Wang: The 28-year-old hired for 14 billion by Mark Zukerberg to lead Meta superintelligence labs (image: alexandr_wang/X) Meta is gearing up for the AI race at full throttle. The silicon ...
However, seeing live AI translation in an Instagram Reel feels a little jarring to many users. In the comments of Mosseri's video, people have raised concerns over Meta's AI tool, including the ...
"The corollary of rising long-term rates is a shockingly fast swing from equity 'cheapness' to unusual expensiveness. Goodbye to the post-global financial crisis TINA [there is no alternative] world ...
Billionaires everywhere are used to just making their own rules – Zuckerberg and Chan are not unique, except that they’re our neighbours’ ...
Traders are looking for any commentary from Federal Reserve chair Jerome Powell that would signal an interest rate cut in September.
Elon Musk faces class action lawsuits over Tesla’s self-driving claims and his support for Trump in the 2024 elections.
The business cycle could be moving into territory where megacaps have historically lagged. Could this prompt the bursting of the AI megacap bubble?
Faced with digital fatigue and heightened surveillance, Gen Z and millennial organisers are turning to zines, posters, stickers and embroidery to express solidarity with Palestine ...