These layoffs could help Facebook’s parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring.
Related Posts
Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users
Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI…
Coinbase for Agents: Automating portfolio trading with AI
Coinbase for Agents connects AI to financial execution channels to automate trading and payments directly from user portfolios.…
Lovable says it added $100M in revenue last month alone, with just 146 employees
Swedish vibe-coding unicorn Lovable crossed $400 million in annual recurring revenue (ARR) in February.