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The NDRC’s Office of the Working Mechanism for Foreign Investment Security Review issued a formal cancellation order on Monday, four months after the deal was announced. Manus co-founders Xiao Hong and Ji Yichao have been barred from leaving China since March. China’s National Development and Reform Commission has formally ordered Meta to unwind its $2 […]
Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]
Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]
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- Meta told staff on Thursday that it planned to eliminate 10% of its workforce.
- Inside the company, employees are bracing for weeks of limbo as they wait to find out who will be cut.
- Meta employees responded internally with a mixture of questions, concerns, and jokes.
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Meta now lets parents see the topics teens discuss with its AI, offering more visibility without full chats.
The AI gold rush is pulling workers into startups as layoffs and RTO push them out of corporate jobs
David Chong (left), Alyson Isaacs (center), and Taylor LaSane (right)