Tech
tech
Jon Keegan

Meta reorganizes its AI teams yet again, this time slashing 600 positions

As it scrambles to catch up to rivals, Meta is yet again restructuring its AI teams, and will be laying off 600 researchers, according to Axios. This is the fifth reorg in the past eight months, based on news reports.

After stumbles from the release of Meta’s flagship model, Llama 4, CEO Mark Zuckerberg made a risky bet to shake up the company’s AI efforts.

Zuckerberg set out to build a new “superintelligence” team, made up of AI all-stars from around the industry lured with nine-figure pay packages and promises of near limitless computing resources.

The flood of new talent poached from competitors like OpenAI, Apple, Google, DeepMind, and others created some awkward tension within Meta, as it already had a prestigious AI team in place known as FAIR, led by neural networks pioneer Yann LeCun. The new recruits were assigned to a team named “TBD” and won’t be affected by the cuts, per the report.

Since hiring Alexandr Wang from Scale AI to run the new high-profile team, several rounds of restructuring have roiled the existing Meta AI talent, many of whom might be learning they have lost their jobs.

Zuckerberg set out to build a new “superintelligence” team, made up of AI all-stars from around the industry lured with nine-figure pay packages and promises of near limitless computing resources.

The flood of new talent poached from competitors like OpenAI, Apple, Google, DeepMind, and others created some awkward tension within Meta, as it already had a prestigious AI team in place known as FAIR, led by neural networks pioneer Yann LeCun. The new recruits were assigned to a team named “TBD” and won’t be affected by the cuts, per the report.

Since hiring Alexandr Wang from Scale AI to run the new high-profile team, several rounds of restructuring have roiled the existing Meta AI talent, many of whom might be learning they have lost their jobs.

More Tech

See all Tech
tech

Anthropic reportedly doubles current fundraising round to $20 billion

Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a staggering $350 billion. That’s up 91% from September, when it raised at a valuation of $183 billion.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

Produce At Whole Foods Market's Flagship Store

Amazon says it’s doubling down on opening Whole Foods stores. That sounds familiar.

The company says it’ll open 100 Whole Foods locations in the next few years. That sounds similar to plans Whole Foods’ CEO laid out in 2024 for opening 30 stores a year. Since then, it appears to have added 14, total.

Incredulous Man

One year after the DeepSeek freak, the AI industry has adjusted and roared back

A look back at how the Chinese startup shattered conventions, changed the way Big Tech thought about AI, and blew a $1 trillion hole in the stock market that got filled right back up... and then soared to new levels.

tech

Georgia lawmakers introduce data center construction moratorium amid statewide pushback

More and more communities across the US are wrestling with the pros and cons of having a data center come to town. Georgia has become a hotspot of resistance to the data centers planned by Big Tech, according to a new report from The Guardian. The Atlanta metro area led the nation in data center construction in 2024.

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.