Meta lays off 600 employees within AI unit

4 hours ago 2

Mark Zuckerberg, CEO of Meta Platforms.

David Paul Morris | Bloomberg | Getty Images

Meta volition laic disconnected astir 600 employees wrong its artificial intelligence portion arsenic the institution looks to trim layers and run much nimbly, a spokesperson confirmed to CNBC connected Wednesday.

The institution announced the cuts successful a memo from its Chief AI Officer Alexandr Wang, who was hired successful June arsenic portion of Meta's $14.3 cardinal investment successful Scale AI. Workers crossed Meta's AI infrastructure units, Fundamental Artificial Intelligence Research portion and different product-related positions volition beryllium impacted.

Axios was archetypal to study the cuts.

Meta has been aggressively investing successful AI arsenic it works to support gait with rivals similar OpenAI and Google, pouring billions of dollars into infrastructure projects and recruitment.

On Tuesday, the institution announced a $27 cardinal deal with Blue Owl Capital to money and make its monolithic Hyperion information halfway successful agrarian Louisiana. The information halfway is expected to beryllium ample capable to screen a "significant portion of the footprint of Manhattan," Meta CEO Mark Zuckerberg said successful a post successful July.

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