Meta is reportedly cutting around 600 jobs from its Superintelligence Labs artificial intelligence unit, impacting its Facebook Artificial Intelligence Research (FAIR), product-related AI, and AI infrastructure divisions, but not the TBD Lab. This decision follows an aggressive hiring campaign led by CEO Mark Zuckerberg aimed at revitalizing Meta's AI endeavors.
The company aims to streamline decision-making and enhance the impact of individual roles through these reductions. Affected employees are being encouraged to seek internal opportunities within Meta, with expectations that most will find new positions.
This move comes as Meta recently secured a $27 billion financing deal with Blue Owl Capital, its largest private capital agreement to date, intended to fund its AI ambitions. Analysts suggest this deal allows Meta to externalize significant upfront costs and risks associated with its AI projects.
Meta reorganized its AI efforts in June following departu... download the app to read more
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