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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...
When IPOs go wrong: SpaceX, AI firms face a delicate processAs SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, fr...
Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University: Financial TimesNvidia CEO Jensen Huang will join the advisory board of Tsinghua University's School of Economics and Management. This elite Chinese instit...
‘She helped build the AI that replaced her’: Viral Meta layoff post sparks fear over future of white-collar jobsMeta layoffs: Meta's recent 8,000 job cuts coincide with a significant shift of over 7,000 employees to AI roles. A viral post alleges empl...
US President Trump to sign order on AI oversight as security fears mount among supportersPresident Donald Trump is set to sign an executive order on AI and cybersecurity. This order will establish a voluntary framework for AI de...
Trump to sign order on AI oversight as security fears mount among supportersPresident Trump is expected to sign an executive order on AI and cybersecurity, establishing a voluntary framework for developers to share ...
Meta CEO tells employees he does not expect more company-wide layoffs this yearHe made the announcement on the same day the Facebook owner carried out a far-reaching restructuring of the company, laying off 10% of its ...
Meta offers AI rival chatbots limited free WhatsApp access, sources sayMeta Platforms has offered European AI chatbots free access to its WhatsApp messaging service, with charges to be implemented after a usage...
Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is ...
ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
Meta tells staff it will cut 10% of jobs in push for efficiencyMeta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction...
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
Meta transfers top engineers into new AI tooling teamThe reorganisation comes as Meta plans sweeping layoffs that could eliminate tens of thousands of jobs at the company, as it seeks to offs...
Donald Trump names Nvidia, Meta CEOs to science and tech councilGoogle co-founder Sergey Brin and AMD CEO Lisa Su are also part of the initial batch of 13 members from the industry named to the President...
US president Donald Trump names Jensen Huang, Mark Zuckerberg to 13-member tech councilPresident Donald Trump is set to appoint top tech executives to a new council. Meta CEO Mark Zuckerberg, Oracle Chairman Larry Ellison, and...
Meta's Mark Zuckerberg developing AI agent to help with his CEO duties: ReportThe AI agent is helping Zuckerberg get information faster by retrieving answers for him that he would typically have to go through layers...