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Meta signs multibillion-dollar deal for Amazon Graviton5 chips as AI compute demand outstrips $135B capex budget

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Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]

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Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.

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Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]

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Instagram has launched another Snapchat clone

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Instagram is testing a new dedicated app that’s focused around Snapchat-like photo sharing features. The app, called “Instants,” was launched in Italy and Spain yesterday, Business Insider reports, and allows users to send each other disappearing photos that are available for 24 hours and can be viewed only once during that window. The app is […]

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Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.

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Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […]

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Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements. Read More »

Meta is laying off 10 percent of its staff

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Meta is planning to layoff around 10 percent of employees in May, according to a memo from the company’s chief people officer, Janelle Gale, published by Bloomberg. That means approximately 8,000 people will see their jobs cut. Meta will also be closing around 6,000 open roles, according to Gale. The cuts follow Meta’s significant investments […]

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Now Meta will track what employees do on their computers to train its AI agents

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Meta employees’ activity at work is now being used to train the company’s AI agents. As reported by Reuters, Meta is installing a tool it calls Model Capability Initiative (MCI) on US-based employees’ computers that runs in work-related apps and websites, recording mouse movements, clicks, keystrokes, and occasional screenshots. The data from this tool will […]

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