Ayesha Banu
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Ayesha Banu
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MetaPlansLayoffs
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*🤖 Big Tech Spending More on AI*
Meta Platforms may cut up to 20% of its workforce (around 16,000 jobs) as it increases spending on artificial intelligence infrastructure.
Large tech companies are investing huge amounts into AI development and data centers, with global AI spending projected to reach hundreds of billions of dollars.
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