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Meta to buy Graviton chips from Amazon

Digest more
 · 1h · on MSN
Meta inks multibillion-dollar deal to use Amazon chips for AI
Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon’s general-purpose chips for its AI efforts.

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 · 28m · on MSN
In another wild turn for AI chips, Meta signs deal for millions of Amazon AI CPUs
 · 39m · on MSN
Meta strikes a deal with Amazon for AI chips. What it means for the stocks.

Meta to cut 8,000 jobs

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Top News
Overview
Rationale
 · 5h
Meta to cut one in 10 jobs after spending billions on AI
Meta will cut thousands of jobs next month as it spends more than ever on artificial intelligence (AI) projects.

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 · 17h · on MSN
Meta to cut 8,000 jobs as it charges into AI
 · 19h
Meta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency
 · 18h
Meta To Layoff 10% Workforce Amid Heavy AI Investments: Report
Meta will lay off about 8,000 employees and leave thousands of other positions next month, a source told AFP.

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Outlook Business · 8h
AI Boom, Job Bust: Meta, Microsoft Eye 23,000 Cuts as Hiring Slows Across Tech
newsbytesapp.com · 9h
Meta to cut about 8,000 jobs to boost AI investment
 · 18h
Meta will cut 10% of workforce as company pushes deeper into AI
Meta's latest round of cuts follows several smaller job reductions that the company said was necessary to to improve efficiency while focusing its efforts on generative AI, where it's lagged OpenAI, G...

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 · 14h
Microsoft and Meta announce large staff reductions as they spend big on AI
newsbytesapp.com · 10h
Meta to cut 8,000 jobs, drop 6,000 hires for AI

AI, Meta and employee keystrokes

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 · 1h
Meta Is Turning Its Workforce Into An AI Training Moat
Meta disclosed the ‘Model Capability Initiative’, or MCI program, in a memo to a staff channel belonging to Meta Superintelligence Labs — not Human Resources, which is the first signal about what the ...

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MSN · 11h
Meta faces backlash over mandatory employee tracking for AI training
The Cool Down on MSN · 1d
Meta to track employee keystrokes and clicks to train AI, memo reveals
Blockonomi
12m

Meta Expands AI Infrastructure With AWS Graviton Deal for Agentic AI

Meta adds tens of millions of AWS Graviton cores to scale Meta AI and power next-generation agentic AI systems.
18hon MSN

Meta to lay off 10% of employees in May

The company said in an internal memo that the cuts are needed to run more efficiently and offset other investments. It will also cancel plans to hire for 6,000 open roles.
Meta - About Facebook
1h

Meta Partners With AWS on Graviton Chips to Power Agentic AI

We’re announcing an agreement with AWS to bring tens of millions of AWS Graviton cores into Meta's compute portfolio to support next-generation agentic AI workloads.
19h

Meta is laying off 10% of its entire staff next month. Read the full memo it just sent.

Meta told employees it plans to lay off 10% of staff in May, citing efficiency and rising costs. Staff will get severance and extended benefits.
3mon MSN

Meta Launches Revamped Account System for Cross-App Management

The post Meta Launches Revamped Account System for Cross-App Management appeared first on Android Headlines.
16h

Why Meta's Layoffs, as Unfortunate as They Are, May Be a Buy Signal for the Stock

The social media giant plans to cut its workforce. But this difficult move could be exactly what the market needs to see to buy into the company's heavy spending plans.
Blockonomi
1h

Meta (META) Stock Dips 2.3% Despite Announcing 8,000 Job Cuts – Here’s What Investors Are Missing

Meta (META) stock drops 2.31% after announcing 8,000 layoffs and canceling 6,000 open positions to fund its massive $135 billion AI infrastructure push.
1h

Meta Will Soon Push New Meta Account System to Facebook and Instagram Users

Facebook, Instagram, and other Meta services that the company's Account Center system for managing connected experiences will soon be upgraded to Meta Accounts.

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AI
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layoffs
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