"Meta Platforms is preparing a new round of layoffs beginning 20th May, with the first wave expected to cut around 10% of its global workforce, according to people familiar with the plans."
"The White House has described recent talks with Anthropic as 'productive and constructive', signalling a potential thaw in relations despite the AI firm's ongoing lawsuit against the US Department of Defense."
"Discussions focused on opportunities for collaboration as well as shared frameworks to manage the challenges of scaling the technology, exploring how to balance continued innovation with safety considerations."
Meta Platforms is set to initiate a new round of layoffs on May 20, targeting approximately 10% of its global workforce of 79,000 employees. This reduction follows previous cuts of around 21,000 jobs in 2022 and 2023. Additionally, the White House held productive talks with Anthropic, focusing on collaboration and governance in AI development, despite ongoing legal challenges faced by the company. Discussions emphasized balancing innovation with safety in the rapidly evolving AI landscape.
Read at Exchangewire
Unable to calculate read time
Collection
[
|
...
]