"Meta has announced plans to develop 'personal superintelligence,' which CEO Mark Zuckerberg has said will tailor AI agents to the needs and wishes of individual users. 'Personal superintelligence that knows us deeply, understands our goals, and can help us achieve them will be by far the most useful.'"
"Meta has warned investors that expenses on infrastructure costs and hiring AI experts will grow to as much as $169 billion in 2026. Microsoft is spending billions of dollars on expanding a global network of data centers that power cloud computing and AI systems like Copilot."
Meta is laying off about 8,000 employees, or 10% of its workforce, to enhance its AI application development. The first round of layoffs is scheduled for May 20, with an additional 6,000 positions left unfilled. Concurrently, Microsoft is offering voluntary early retirement buyouts to around 8,700 employees, representing 7% of its workforce. Both companies are significantly investing in AI, with Meta aiming to create 'personal superintelligence' tailored to individual users' needs, while Microsoft expands its data center capabilities for AI systems.
Read at www.dw.com
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