Tag: meta
Meta Commits to Utilizing Hundreds of Thousands of Amazon Graviton Chips in New Three-Year Agreement
Meta will deploy hundreds of thousands of Amazon Graviton chips over three years, reflecting a shift in AI infrastructure strategies.
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Meta Plans to Cut 10% of Workforce in May Amid AI-Driven Efficiency Push
Meta is set to reduce its workforce by roughly 10%, citing AI-driven productivity improvements and cost optimization as key reasons.
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Meta to Cut Nearly 10% of Workforce as It Refocuses on AI and Efficiency
Meta plans to reduce its workforce by about 8,000 employees amid a strategic shift toward AI and improved operational efficiency.
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Meta Increases Prices for Quest 3S and Quest 3 VR Headsets Amid Memory Shortage
Meta has raised prices on its Quest 3S and Quest 3 VR headsets due to ongoing memory chip shortages affecting the electronics market.
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Meta and Broadcom Extend Partnership to Develop Multiple Generations of Custom AI Chips Through 2029
Meta and Broadcom have extended their collaboration to design successive generations of custom AI processors with over 1GW compute power commitment.
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WhatsApp Faces Class Action Lawsuit Over Alleged Breach of End-to-End Encryption
WhatsApp, Meta, and Accenture are sued over claims of intercepting private messages, sparking criticism from Elon Musk and Pavel Durov.
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Massachusetts Supreme Court Rules Social Media Platform Designed to Foster Teen Addiction
The Massachusetts Supreme Court finds that a major social platform was deliberately built to create addiction among teens, as part of growing legal scrutiny.
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Three Key OpenAI Stargate Leaders Join Meta Amid Intensified AI Infrastructure Competition
Three OpenAI leaders involved in the Stargate data center project have moved to Meta amid rising AI infrastructure investments and project shifts.
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Meta’s Smart Glasses Gain Feature to Analyze and Report Nutritional Information of Food
Meta introduces an update for Ray-Ban and Oakley smart glasses that can now analyze food and provide nutritional data to users.
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Meta Builds New Hardware AI Development Team to Advance Device Innovation
Meta is assembling a dedicated hardware AI development team led by a seasoned engineer as it expands into AI-powered devices.
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Meta Launches New Ray-Ban Smart Glasses with Extensive Prescription Lens Options
Meta introduces Ray-Ban Blayzer and Scriber smart glasses designed for users needing prescription lenses, available starting April 14.
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Tech Giants Suffer Major Market Losses Amid Geopolitical Tensions and Legal Troubles
Tech stocks hit their worst weekly drop in nearly a year due to war-induced energy price hikes and mounting legal challenges facing Meta.
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