#Meta is reportedly considering #layoffs affecting 20% of its workforce to offset spending on #AIinfrastructure and #AIacquisitions. This comes amid a trend of tech companies announcing layoffs, with some suggesting these cuts are “#AIwashing” to mask other issues. Meta employed nearly 79,000 people as of December 31, according to a recent filing. https://techcrunch.com/2026/03/14/meta-reportedly-considering-layoffs-that-could-affect-20-of-the-company/?eicker.news #tech #media #news
Meta reportedly considering layoffs that could affect 20% of the company | TechCrunch

These layoffs could help Facebook's parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring.

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OpenAI pursued acquiring Anysphere, the maker of coding assistant Cursor, before entering into talks to buy Windsurf for $3B. OpenAI was an investor in Anysphere but the acquisition discussions failed. OpenAI is now in talks to acquire Windsurf, an AI coding company, for $3B. #OpenAI #AIAcquisitions

Databricks Acquires MosaicML, a Generative AI Startup, for $1.3B #AIacquisitions

Hashtags: #AIacquisitions #DatabricksMosaicMLdeal #innovationinAI Summery: Databricks, a data storage and management startup, has announced its acquisition of MosaicML, a generative AI platform, for $1.3 billion. MosaicML allows users to build generative AI tools using its proprietary data, eliminating the need to incorporate their own data with OpenAI's models. Databricks aims to…

https://webappia.com/databricks-acquires-mosaicml-a-generative-ai-startup-for-1-3b-aiacquisitions/