Meta AI Cuts: From Billion-Dollar Hires to Layoffs

AI Winter at Meta? After a massive hiring spree and billion-dollar deals to poach top AI talent, Meta is abruptly cutting 600 AI jobs, mainly impacting its FAIR research unit. Facing criticism for lackluster AI product launches, Meta is pivoting to smaller, superintelligence teams led by Alexandr Wang, hoping focused groups will accelerate innovation and deliver better results, though some question if this signals deeper problems.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.