More than 70 organizations, including the ACLU, EPIC, and Fight for the Future, say the AI smart glasses feature would endanger abuse victims, immigrants, and LGBTQ+ people.
Meta's Forum app could reshape online community dynamics, challenging existing platforms and potentially altering user engagement patterns.
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Meta's AI pivot may reshape tech investment landscapes, impacting metaverse tokens while boosting AI-related projects and infrastructure.
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Norway's wealth fund's stance on board appointments highlights the growing influence of institutional investors in corporate governance reforms.
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Harbor Capital is trying to slice the AI boom into lab-branded trades, filing for a suite of active “Lab ETFs” tied to Anthropic, DeepMind, Meta, OpenAI and xAI ecosystems. Harbor Capital has filed for five actively managed “Lab ETFs” that…
Meta is the latest company to trim its workforce as a result of the growing use of AI within the industry. The company laid off 8,000 employees earlier this week, while also moving 7,000 more to AI-focused roles.
“AI is the most consequential technology of our lifetimes,” Zuckerberg said in a memo that he sent to employees, informing them of the cuts. “The companies that lead the way will define the next generation,” he added.
The company has not revealed too much detail of the changes in the workforce, but it’s clear that jobs focused on AI infrastructure will be protected.
Meta is not alone in announcing cuts. In a blog this month, Cisco said it was cutting 4,000 jobs and Microsoft is looking at inciting employees to take voluntary retirement for the first time.
The Meta reorganization is following the trend that businesses that don’t adapt to AI usage will struggle. Earlier this year, PwC US CEO Paul Griggs caused consternation when he suggested that executives who failed to get to
South Korean startup LetinAR has secured $18.5 million from Korea Development Bank and Lotte Ventures, bringing total funding to $41.7 million ahead of a planned 2027 IPO. The LG Electronics-backed company, founded in 2016 by childhood friends CEO Jaehyeok Kim and CTO Jeonghun Ha, makes the optical modules that sit inside AI smart glasses — the component […]
Meta's AI focus may spur innovation but risks centralizing power, challenging decentralized AI projects to compete for resources and relevance.
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