Meta Plans to Cut VP Positions from 300 to 250
Meta Platforms is said to be eliminating more vice president roles among headcount cutbacks. The enterprise seeks to slash its cadre of VPs from 300 it had last year down to approximately 250, according to Seeking Alpha on Wednesday (June 12). This news arises after thousands of job cuts were announced by Meta over the past two years.
• Meta Reduces Number of VP Positions from 300 to 250
•...
Musk’s xAI Plans to Launch Supercomputer By Next Year
Elon Musk’s artificial intelligence (AI) startup, xAI is expecting to build its own supercomputer by 2025. According to the “The Information” report released in investor presentation on May 26, 2024, the tech billionaire, CEO of Tesla and X (twitter) wishes to launch the project — which would run the next repetition of xAI’s chatbot Grok — as soon as next year.
Elon Musk has stated that in public the xAI...
EU Investigates Facebook and Instagram for Content Crackdown
According to the four sources said to the National Diplomat, Facebook and Instagram will get European Union investigations into potential violations of content-moderation rules at the earliest.
"EU Launches Investigations into Facebook and Instagram for Content Control"
"Facebook and Instagram Under Scrutiny by EU for Content Regulation"
"EU Initiates Probes Against Facebook and Instagram over Content Policies"
"EU Investigates Facebook and Instagram for Content Restriction Practices"
"EU Probes Facebook and Instagram Regarding Crackdown on...
Elon Musk’s Advanced Artificial Intelligence Nears $6 Billion in Funding
I think the bad days of Elon Musk have started after the share market downfall, and now he has decided to collect $6 billion from investors for his artificial intelligence (AI) startup, xAI. As per a Bloomberg report, the investment round would value xAI at $18 billion.
As per the Financial Times, the Silicon Valley venture capital (VC) firm Sequoia Capital has devoted itself to participating in the startup. Elon...
Meta AI Assistant Incorporates Website, Extends Worldwide Presence
Almost all tech companies, eCommerce sites and social media sites are continuously launching their AI, In this regard, Facebook Meta has presented the latest version of its Artificial Intelligence (AI) assistant, Meta AI, powered by the latest advancements with its large language model (LLM), Meta Llama 3.
In a recent press release, Meta Artificial Intelligence Assistant said that it is free for users and can be used on Facebook, Instagram,...