Eli Tan / New York Times: Source: Meta laid off about 700 employees in the Reality Labs unit on Wednesday,…
Trending
- Family offices make opportunistic bets on real estate
- OpenAI suspends erotic chatbot projects ‘indefinitely’ as it refocuses on core products, sources say following concerns from staff and investors (Financial Times)
- How Theia, a satellite imaging startup that raised more than $250 million by 2020, collapsed after its founder and four other executives were indicted on federal fraud charges (Brent Crane/Bloomberg)
- The U.S. DOJ has charged a Chinese national and two Americans for allegedly trying to smuggle export-controlled Nvidia A100 and H100 chips worth about $62 million into China (Michael Kan/PCMag)
- OpenRouter data: Lower-cost Chinese AI models from groups such as DeepSeek and MiniMax have overtaken their US rivals in token consumption since last month (Zijing Wu/Financial Times)
- Google sets 2029 deadline for its post-quantum crypto migration, aiming to "securing the quantum era" as "the borders are perhaps closer than they seem" (Dan Goodin/Ars Technica)
- Democrats now have the largest lead in the midterm elections
- Source: Meta laid off about 700 employees in the Reality Labs unit on Wednesday, as well as some in recruiting, sales and Facebook (Eli Tan/New York Times)