Meta has cut approximately 700 jobs across Reality Labs, social media, and recruiting teams as CEO Mark Zuckerberg accelerates the company's pivot to AI, with capital expenditures projected to reach up to $135 billion in 2026.
Meta is reportedly planning to cut up to 20% of its ~79,000-person workforce—nearly 16,000 jobs—as Zuckerberg doubles down on a $600B AI infrastructure push.
Meta announced a multiyear agreement to purchase up to $100 billion worth of AMD MI540 GPUs and CPUs, issuing AMD a performance-based warrant for up to 160 million shares as part of its AI infrastructure push.
Zuckerberg unveils massive AI capex with 1.3M+ GPUs by year-end, targeting Meta AI as leading assistant serving 1B+ users with Llama 4 advancement.
Meta CEO reveals aggressive AI automation strategy at inaugural LlamaCon, forecasting engineers will lead AI agent teams within a year.
Meta stock surges after revealing plans to spend $115-135B on AI infrastructure in 2026, nearly doubling 2025 investment amid strong revenue growth.
Zuckerberg announces Meta's shift toward AI-generated social feeds during Q4 2025 earnings, replacing metaverse vision with personalized AI content experiences.
Meta has launched a new top-level initiative called 'Meta Compute' to accelerate the development of its AI infrastructure. The company plans to invest hundreds of billions of dollars in data centers and custom chips to build 'superintelligence'.
