Meta lays off 600 employees in AI unit

Meta It will lay off approximately 600 employees artificial intelligence The company is looking to reduce levels and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday.

The company announced the cuts in a memo to its chief AI officer Alexander Wang, who was hired in June as part of Meta. $14.3 billion investment In scale AI. Workers in Meta’s AI infrastructure units, fundamental artificial intelligence research unit and other product-related positions will be affected.

Axios was the first to report the reduction.

Meta is aggressively investing in AI as it works to keep pace with rivals like OpenAI and Googlepouring billions of dollars into infrastructure projects and recruiting.

The company announced on Tuesday $27 billion deal with Blue Owl Capital to fund and develop its massive Hyperion data center in rural Louisiana. The data center is expected to be large enough to cover “a significant portion of Manhattan’s footprint,” the Meta CEO said Mark Zuckerberg said In the post in July.

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