Meta Lays Off Another 700 Employees As Pivot To AI Continues
…positions may be impacted.” This isn’t the first set of layoffs for Meta. Earlier this year, as the company decided it would rather pivot more to AI than the “Metaverse”, the…
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…In a recent test by the legal AI tool Harvey, the company was able to reduce inference costs by 3x without reducing quality. The test, performed in partnership with the inference platform…
Epic is Laying Off Over 1,000 People Due to Fortnite's "Downturn," But Before You Ask, Epic CEO Says the Cuts "Aren't Related to AI"
…Though his claim about the cuts not being AI-related are new. The impacted workers will be getting four months of severance that will be at base pay, though tenured employees will…
Nintendo president breaks down recent Switch 2 price increase
…as long-term issues such as the rising cost of key components ( which as Bloomberg notes is driven by rampant investment in AI data centers ) and surging oil prices resulting from the…
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