Meta is still burning money on AR/VR
Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on
Meta is laying off hundreds of employees across its company, according to reports from The New York Times, NBC News, and The Information. The job cuts impact workers on Meta's
Meta cash flow craters as Zuckerberg's AI spending spree accelerates reut.rs/4yMCiM9
  submitted by   <a href="https://www.reddit.com/user/andix3"> /u/andix3 </a> <br /> <span><a
Meta is reportedly planning layoffs of up to 20% of its workforce as it ramps up spending on AI infrastructure.<p>The assumption seems straightforward: fewer employees + more AI =
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