Meta is set to announce another round of layoffs on Monday, as revealed in an internal memo seen by sources familiar with the situation. This decision is part of the company’s ongoing efforts to streamline operations and reduce costs in response to a changing digital advertising landscape and increased investments in artificial intelligence. The memo, shared with senior management, suggests that the layoffs will impact several departments, although the specific number of employees affected is still unclear. In recent years, Meta has implemented multiple workforce reductions, with CEO Mark Zuckerberg…
Read MoreDay: February 8, 2025
OpenAI’s Altman envisions an AI initiative for Europe that resembles the concept of a “Stargate.
OpenAI CEO Sam Altman is reportedly considering a significant AI research and development initiative in Europe, similar to a “Stargate”-like program designed to enhance artificial intelligence capabilities on the continent. Although the initiative is still in its early phases, it aims to establish advanced AI infrastructure, nurture talent, and position Europe as a frontrunner in next-generation AI development. Altman has previously emphasized the importance of global collaboration in AI and the need for investment in AI-specific data centers, which he sees as vital for future advancements. Sources indicate that the…
Read MoreOpenAI Co-Founder Sutskever’s SSI is reportedly in discussions for a valuation of $20 billion.
Superintelligent Systems Inc. (SSI), a new AI startup co-founded by Ilya Sutskever of OpenAI, is reportedly in talks for a valuation that could reach $20 billion, according to sources familiar with the situation. SSI aims to create next-generation artificial intelligence with a strong emphasis on safety and alignment, and it has garnered considerable interest from investors during the current AI boom. While the company has not yet revealed specifics about its technology or business model, the involvement of Sutskever—who played a crucial role in OpenAI’s early successes—has sparked speculation about its…
Read MoreTikTok will allow U.S. Android users to download the app directly from kits available on its website.
TikTok is rolling out a new option for U.S. Android users to download its app directly from its official website, allowing them to bypass the Google Play Store. This decision comes in response to increasing scrutiny from regulators and ongoing disputes regarding app store policies. By providing an alternative download method, TikTok is joining other companies that are looking into direct distribution to retain control over updates and user data. Users will be able to install the app manually through Android installation kits (APKs) available on TikTok’s website. While this…
Read More