China blocks Meta's $2bn acquisition of AI start-up Manus
It comes after months of scrutiny by Chinese regulators over deal struck with Facebook owner. Source link
Meta says it will cut 8,000 jobs as AI spending grows
A key reason for the layoffs is Meta’s increased spending in other areas of the company, including AI, for which it will this year spend $135bn (£100bn). This is roughly equal to the…
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