Meta freezes AI hiring, WSJ reports-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Meta freezes AI hiring, WSJ reports

Aug 20, 2025 6:29 PM

Aug 20 (Reuters) - Meta Platforms ( META ) has paused

hiring in its artificial intelligence division after bringing on

more than 50 researchers and engineers, the Wall Street Journal

reported on Wednesday.

Reuters could not immediately verify the report.

Previous page： Italy's Bending Spoons ready for IPO, warns of AI bubble Next page： Citigroup's Polish unit third-quarter profit shrinks 14%

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Italy's Bending Spoons ready for IPO, warns of AI bubble

Nov 12, 2025

* Bending Spoons sees adjusted earnings doubling to $1.4 billion in 2026 * CEO warns of AI bubble, likens it to early 2000s internet bubble * Urges EU deregulation to support startups By Elvira Pollina MILAN, Nov 13 (Reuters) - Italian tech company Bending Spoons could list as early as next year, when it expects to double adjusted earnings after...

Citigroup's Polish unit third-quarter profit shrinks 14%

Nov 12, 2025

Nov 13 (Reuters) - Polish corporate lender Bank Handlowy on Thursday posted a 14% fall in its third-quarter net profit, as lower net interest income and higher bad loans provisions weighed. BY THE NUMBERS Profit in the July-September quarter at the Polish division of Citigroup ( C/PN ) declined to 469.4 million zlotys ($129.08 million), while its net interest income...

China's Baidu unveils new AI processors, supercomputing products

Nov 12, 2025

BEIJING, Nov 13 (Reuters) - Baidu ( BIDU ) unveiled two new semiconductors for artificial intelligence on Thursday, saying the products can provide Chinese companies with powerful, low-cost and domestically controlled computing power. Escalating tensions between the United States and China have led to restrictions on exports of advanced U.S. AI chips to Chinese firms, prompting many to develop their...

BRIEF-Sapporo Holdings Has Revoked Preferential Negotiation Rights It Had Granted To Group Including KKR, PAG Regarding The Sale Of Its Real Estate Business, Nikkei Reports

Nov 12, 2025

Nov 13 (Reuters) - Sapporo Holdings Ltd ( SOOBF ): * SAPPORO HOLDINGS HAS REVOKED PREFERENTIAL NEGOTIATION RIGHTS IT HAD GRANTED TO GROUP INCLUDING KKR, PAG REGARDING THE SALE OF ITS REAL ESTATE BUSINESS, NIKKEI REPORTS * SAPPORO HOLDINGS TO APPROACH GROUP FORMED BY LONE STAR AND KENEDIX TO RENEGOTIATE, NIKKEI REPORTS Source text: Further company coverage: ...