As big tech companies like Meta acquire AI startups, many employees are not receiving the cash-out riches they dreamed about, but a layoff instead.

This pattern confirms that META stock is highly susceptible to sudden, sharp downturns whenever a major risk materializes.

Artificial intelligence has pervaded into nearly every aspect of society, from the workforce to education and even dating.

Meta is cutting roughly 600 positions in its artificial intelligence division, as the company reorganizes its workforce to better compete in the global AI race

Bank of America analysts Justin Post and his team provided an outlook for Meta (META) stock ahead of the Q3 earnings report, scheduled for October 29. Analysts expect Q3 revenue of $50.0 billion and earnings per share (EPS) of $7.30. These estimates exceed Wall Street's projections for revenue of $49.5 billion and EPS of $6.69.

( NewsNation) — Meta, formerly Facebook, has announced plans to lay off around 600 employees within its AI unit, as first reported by Axios.

Meta Platforms está recortando aproximadamente 600 empleos en inteligencia artificial incluso mientras continúa contratando más trabajadores para su laboratorio de superinteligencia, confirmó la compañía el miércoles.

The $800 Meta Ray-Ban Display glasses, which have a built-in display for the first time in Meta's brief history of making techno-glasses, are now available. As such, plenty of people who review this stuff for a living have had some time with the glasses, giving us a bunch of well-informed reviews to look at.