Meta Cuts 8,000 Jobs and Wall Street Goes All In on AIMeta cut 8,000 jobs, JPMorgan filed its $19.8B tech budget under core infrastructure, and Novo Nordisk handed OpenAI its whole pipeline. The AI experiment phase is over.
Snap Blames AI for 1,000 Layoffs, Meta Bets $135BSnap laid off 1,000 people and cited AI as the reason. Meta is spending up to $135 billion on it this year. OpenAI launched workspace agents. Big week.
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