Mark Zuckerberg, CEO of Meta Platforms.
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Meta will lay off roughly 600 workers inside its synthetic intelligence unit as the corporate appears to cut back layers and function extra nimbly, a spokesperson confirmed to CNBC on Wednesday.
The corporate introduced the cuts in a memo from its Chief AI Officer Alexandr Wang, who was employed in June as a part of Meta’s $14.3 billion funding in Scale AI. Employees throughout Meta’s AI infrastructure items, Elementary Synthetic Intelligence Analysis unit and different product-related positions might be impacted.
Axios was first to report the cuts.
Meta has been aggressively investing in AI as it really works to maintain tempo with rivals like OpenAI and Google, pouring billions of {dollars} into infrastructure tasks and recruitment.
On Tuesday, the corporate introduced a $27 billion take care of Blue Owl Capital to fund and develop its huge Hyperion information middle in rural Louisiana. The information middle is anticipated to be giant sufficient to cowl a “important a part of the footprint of Manhattan,” Meta CEO Mark Zuckerberg mentioned in a publish in July.
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