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Coverage Timeline

2026-01-28
CNBC 21 related

SEC filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

2026-01-27
CNBC 27 related

SEC filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

2025-12-13
Zoom 1 related

Zoom says its “federated AI” model, combining its SLM with open- and closed-source models, got 48.1% on Humanity's Last Exam vs. 45.8% for Gemini 3 Pro w/ tools

outperforming other AI models with a 2.3% jump over the previous SOTA. ✨ HLE is one of the most rigorous tests in AI, built to measure real expert-level knowledge and deep reasoning across [image] Xue...

2025-10-03
Bloomberg 6 related

Microsoft has committed $33B+ to neocloud providers; sources: its $19.4B Nebius deal will provide computing power for creating LLMs and a consumer AI assistant

Nebius deal alone secures 100,000 Nvidia GB300 chips for internal use Jingyue Hsiao / DigiTimes : Microsoft invests in Nebius to expand AI computing capacity Vladimir Popescu / Watcher Guru : Microsof...

2025-08-22
Bloomberg 13 related

Sources: Meta has poached Frank Chu, an Apple exec who led AI teams focused on cloud infrastructure, training and search, despite Meta's plans to slow hiring

Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares …

2025-05-27
Axios

Memo: Meta reorganizes its AI teams into an AI products team and AGI Foundations; FAIR remains separate but one specific FAIR team is moving to AGI Foundations

Ina Fried / Axios : Bluesky: @davelee.me . X: @shakeelhashim and @andrewcurran_ Bluesky: Dave Lee / @davelee.me : Is this like when you rub the batteries together to make the remote control work agai...

2025-02-05
Bloomberg

Sources: BlackRock plans to hire ~1,200 people to build its AI teams in India and will inherit ~500 staff in Bengaluru through its proposed Preqin acquisition

Preeti Singh / Bloomberg :

2025-01-25
Reuters 31 related

Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”

Market: WE LOVE AI, DO AI THING  —  META: Sure thing, ploughing $40bn into capex this year  —  Market: wait not like that  —  First time we've seen a negative market reaction to the reality of AI unit...

2025-01-24
Reuters 22 related

Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”

Meta Platforms (META.O) will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.

2025-01-13
The Information 1 related

Memo: Microsoft reorgs its cloud and AI teams to form a new “Core AI” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering exec that joined in 2024

Microsoft is reorganizing its cloud and AI teams to form a new “Core AI” unit, which will be tasked with building …

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