The company is looking to spend up to $135 billion on AI this year alone. https://futurism.com/future-society/meta-firing-percentage-staff-zuckerberg
The tech giant has struggled to deliver on its ambitious plans for the Avocado AI model, AI-powered smart glasses and other next-generation projects. https://www.cnet.com/tech/services-and-software/meta-reportedly-slashing-workforce-ai-spending
https://businesschief.com/news/meta-may-consider-workforce-cuts-amid-ai-push
https://www.barrons.com/articles/meta-platforms-stock-job-cuts-report-jpmorgan-bebee1b0