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This summer, after Meta made a $14 billion investment in Scale AI and poached its 28-year-old founder, Alexandr Wang, and after A-list clients like OpenAI and Google halted work with the startup, a worker for Scale AI anxiously asked ChatGPT what it thought of his company’s fate. He knew the…
Meta is planning budget cuts and considering job cuts as part of that across its metaverse unit, according to a person familiar with the matter.The company is considering budget cuts of up to 30% within its Reality Labs division, which could impact employees working on its virtual spaces platform, Horizon…
Mercor, a startup that helps some of the biggest tech companies train their AI models, told thousands of its contract workers this week that they would no longer be working on a large project for Meta.On Tuesday, people working on the project, codenamed Musen, were told it was ending due…
A billion-dollar diabetes company that’s previously refused to write Ozempic prescriptions is now changing its tune — right as the drugs are about to get a lot cheaper.Omada Health, the chronic care startup that went public in June, said Thursday it would start prescribing GLP-1 medications for obesity. Until now,…
Amazon slashed 14,000 jobs this week — not to cut costs or chase AI, but because they didn’t fit the culture.That’s according to Amazon CEO Andy Jassy, who shared his thoughts about the layoffs for the first time during the company’s quarterly earnings call on Thursday.”The announcement that we made…
Good morning! Moving to a new city is hard enough, let alone with a couple of young kids. But a stay-at-home mom told BI her children were the key to making friends in a Houston suburb. It’s the final story in a BI series that followed three people for a…
