Meta explored 60% team cuts in two waves before staff revolt forced a retreat
A hot potato: Meta set out to reorganize much of its workforce around AI at the beginning of this year, betting that agents could help the company move faster while reducing the need for larger teams. The company went ahead with 10% workforce cuts in May but ultimately dropped plans for a broader round of layoffs after its AI workplace "overhaul" ran into employee resistance and technical problems.
Apple's first 2nm chip and its first quad-die design arrive in a new Mac mini and Mac Studio
The big picture: Apple announced two new chips and two refreshed desktops today. The M6 is Apple's first 2nm chip. The M5 Ultra is its first quad-die design and the most powerful silicon the company has shipped. As for the desktop PCs, there are no significant new features on either machine, but this is a real spec and pricing bump. What's changed in the past couple of years is who these boxes are for, and whether you'll be able to get one.
Euro Burstin': While US companies continue pouring massive sums of capital into their AI data center expansion plans, European authorities are thinking about the impending AI bubble burst. A correction is likely, according to Europe's main banking institution, and its impact will not spare anyone, anywhere in the world.