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META AI SPENDING LAYOFFS
US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...
Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
All you need to know about Meta’s Instagram, Whatsapp and Facebook subscription plans in IndiaMeta has launched paid subscription plans for WhatsApp, Instagram, and Facebook in India, offering customisation and convenience features f...
Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
Meta expands its smart glasses portfolio with new Meta Glasses Line starting at $299Meta and EssilorLuxottica have launched new AI-powered smart glasses, Meta Glasses, starting at $299. These glasses feature updated designs...
Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbookSilicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million ...
Meta announces new range of smart glasses starting at $299Meta Platforms on Tuesday announced a new range of AI smart glasses in partnership with EssilorLuxottica, starting at $299. Although bu...
US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanD...
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in CredThink tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data,...
Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
Mark Zuckerberg says Meta made 'mistakes' in AI workforce shiftMeta's chief Mark Zuckerberg admits the company made errors during its AI shift. He is investing heavily in artificial intelligence to resh...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.