When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative…
HONG KONG (AP) — China on Monday blocked U.S. tech giant Meta’s acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing’s concerns about the transfer of advanced technology. In a one-line statement, China’s National Development and Reform Commission, the country’s top planning agency, said it…
According to CNBC, Meta, Microsoft, Amazon and Alphabet are likely to spend around $700bn in 2026 on AI infrastructure. They’re also still trying to rightsize from the pandemic-fueled overhiring.
How to use Meta AI for business in 2026: Tips and how-tos Marketing leaders have spent the last decade optimizing funnels, allocating budgets, and managing increasingly complex tech stacks. In 2026, Meta AI disrupts that model by automating the most time-intensive parts of the customer journey, creating a shorter path to revenue and a more…
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More Meta Platforms may be preparing another major round of layoffs as it pours billions into artificial intelligence. Reports from Reuters and CNBC say the company is considering workforce cuts that could affect 20%…
Meta is planning sweeping lay-offs that could affect 20 per cent or more of the company, three sources told Reuters. The reported move comes as the Facebook and Instagram parent seeks to offset costly artificial intelligence (AI) infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for…
Meta eyes major layoffs as AI spending drive prompts restructuring Meta has reportedly planned a major workforce reduction that could affect 20% or more of its roughly 79,000 employees. This significant move would result in over 15,000 job losses- the largest in the company’s history. The company seeks to offset costly artificial intelligence infrastructure bets…
Zuckerberg ‘s Focus On Generative AI, Meta Planning Sweeping Layoffs As Artificial Intelligence Costs Mount | Image: Freepik/Representative Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency…
Education Jobs oi-Swastika Sruti Published: Saturday, March 14, 2026, 7:56 [IST] Meta, the parent company of Facebook, Instagram and WhatsApp, is reportedly planning large-scale layoffs that could affect 20 percent or more of its workforce. Meta Meta is reportedly planning substantial layoffs, potentially affecting over 20% of its workforce, to increase investment in AI infrastructure…
CEO Mark Zuckerberg is pushing Meta to compete aggressively in generative AI, offering high-value compensation to top researchers, acquiring startups like Moltbook and Manus, and investing $600 billion in data centers by 2028 | Photo Credit: ANNEGRET HILSE Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar…
