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20.05.26 - 21:42
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These 2 AI Giants Have Been Dormant. That’s Exactly Why They Might Surprise Investors (24/7 Wall St.)
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The AI trade has had favorites. NVIDIA, Microsoft, Alphabet, and Meta have carried the narrative, while two enterprise tech giants have quietly compounded earnings and built backlogs that few retail investors are talking about. With the S&P 500 up 8% year to date, the setup for these laggards looks asymmetric heading into the back half ... These 2 AI Giants Have Been Dormant. That's Exactly Why They Might Surprise Investors...
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20.05.26 - 14:12
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Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor (ZeroHedge)
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Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Welcome to another day of corporate America hemorrhaging engineers and other white-collar workers with insurmountable student debt as AI adoption accelerates. This era will likely be remembered in history as the great "white-collar purge," and the response will be continued hatred of data centers.
We've been covering for weeks that today is D-Day for Meta Platforms employees, who have finally learned their employment fate at the company that owns Facebook and Instagram.
Bloomberg reports that the new round of layoffs affects roughly 8,000 roles globally, with engineering and product teams expected to be at the center of the cuts as CEO Mark Zuckerberg reduces labor in favor of GPUs.
This latest round of cuts is expected to hit Meta's engineering and product teams in particular, and additional layoffs could come later in the year, said people familiar with the company's plans, who asked not to be named as...
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20.05.26 - 11:48
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Meta Starts 8,000 Global Job Cuts in AI Efficiency Push (Bloomberg)
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Meta is alerting thousands of employees that they're being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence. The company began notifying workers around the world Wednesday morning, starting with employees across Asia, who got the note at 4 a.m. Singapore time. US-based staff are also expected to receive word during their morning, according to an internal memo. Bloomberg's Tom Mackenzie reports. (Source: Bloomberg)...
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20.05.26 - 10:06
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Tech Forum 2026: AI server racks push liquid cooling into mainstream (Digitimes)
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META Green Cooling Technology (MGC) president Clyde Chu said Nvidia's chip roadmap shows that cooling requirements are doubling in less than a year, with the NVL72 rack based on the Vera Rubin architecture, expected in the second half of 2026, requiring 130-140 kW of cooling capacity per rack. By 2027, the Vera Rubin Ultra platform could push single-rack power consumption to 200-300 kW....
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20.05.26 - 08:12
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Meta Reportedly Starts 8000 Job Cuts (AFX)
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WASHINGTON (dpa-AFX) - Meta Platforms, Inc. (META) is reportedly carrying out another major round of layoffs, with up to about 8,000 positions expected to be cut across several regions, including ......
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