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SMDP
smdp. com > meta-slashes-8-000-jobs-or-10-of-its-workforce-as-microsoft-offers-buyouts

Meta slashes 8, 000 jobs, or 10% of its workforce, as Microsoft offers buyouts

4+ hour, 12+ min ago  (281+ words) Meta is laying off about 8, 000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts for…...

Santa Monica Daily Press
smdp. com > california-tax-revenue-getting-a-boost-from-ai-boom-but-for-how-long

AI Boom Boosts California Taxes, But How Long?

3+ mon, 2+ week ago  (522+ words) As California becomes more dependent on tax revenue from the tech industry, its stake in the health of the artificial intelligence industry has grown. The state is seeing financial'benefits from the AI boom, a new analysis by the Legislative Analyst's…...