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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

4 articles

AI Models

Meta in talks to sell AI compute to Anthropic in $10B deal

Meta is reportedly negotiating a deal to rent out compute capacity from its data centers to Anthropic. The arrangement could be worth up to $10 billion over two years. Anthropic proposed the deal in June, and Meta is still reviewing it. Either party could walk away. For Meta, this would create a new revenue stream, as CEO Mark Zuckerberg had previously indicated he would sell excess capacity if internal AI demand fell short.

Jul 173 minNeura News

Industry

Meta lays off 8,000 employees to fund AI investments

Meta has reportedly laid off about 8,000 employees, roughly 10 percent of its workforce, as part of a cost-cutting effort to offset massive spending on artificial intelligence. The company is also moving thousands of workers to AI projects and closing open roles. CEO Mark Zuckerberg has forecast capital expenditures of up to $135 billion in 2026, nearly double the previous year.

May 212 minNeura News

Industry

Meta to Cut 8,000 Jobs as AI Spending Reaches $135bn

Meta plans to eliminate 10% of its workforce, about 8,000 positions, next month while boosting AI investments to $135 billion this year. The move aligns with CEO Mark Zuckerberg's view that AI boosts productivity enough for one worker to handle team-sized tasks. Other tech giants like Amazon and Microsoft have also reduced staff amid heavy AI focus.

Apr 233 minNeura News

Industry

Meta to Lay Off 10% of Workforce for AI Focus

Meta plans to reduce its workforce by 10 percent, affecting around 8,000 employees, and eliminate 6,000 open positions to prioritize artificial intelligence development. The company, which had over 78,000 staff at the end of 2025, faces high costs from AI investments exceeding $70 billion. CEO Mark Zuckerberg aims to build AI products like personal superintelligence amid competition from OpenAI, Google, and Anthropic.

Apr 233 minNeura News