Meta to Cut 10 Percent of Workforce to Fund AI Expansion
Meta will lay off about 8,000 employees and close 6,000 open roles as it increases investment in artificial intelligence infrastructure and research.
Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
Meta will lay off about 8,000 employees and close 6,000 open roles as it increases investment in artificial intelligence infrastructure and research.
Anthropic and NEC have formed a strategic partnership to develop secure AI solutions for Japan and train 30,000 engineers in the NEC Group, using Anthropic’s Claude models within NEC’s BluStellar Scenario framework.
Nexar has appointed Jen Vescio, former Uber Chief Business Development Officer, to its Board of Directors as it scales its physical AI platform across commercial mobility operations.
Aokah has announced the general availability of Explorer and Builder, two AI-based products designed to help enterprises plan and execute Global Capability Centers more effectively. The platforms aim to shorten location analysis and improve governance during implementation.
Visier introduced updates to its Workforce AI platform, including a new integration with Glean and expanded workforce planning capabilities, at its Outsmart 2026 conference.
Oxford Royale Academy has partnered with the Massachusetts Institute of Technology to offer AI literacy education to international summer school students in Oxford in 2026. The collaboration introduces the MIT RAISE FutureBuilders pathway for teenagers aged 13 to 18, providing an official MIT RAISE certificate upon completion.
AdvisureIQ has announced a partnership with Celigo to integrate the automation platform into its financial planning and reporting services. The collaboration aims to help mid-market finance teams unify data from multiple systems for faster, more accurate insights.
OZMOSI and Planview have announced a partnership to connect structured clinical data with AI portfolio planning, enabling pharmaceutical teams to make faster and more informed R&D decisions.
Akeyless has appointed Yael Fainaro, a former executive at CyberArk and Cisco, as Chief Strategy Officer to lead strategic partnerships and ecosystem growth as the company scales its AI identity security platform.
VSBLTY Groupe Technologies and Brightside Group have signed a binding Letter of Intent to collaborate on integrated AI and sovereign satellite infrastructure projects across the Philippines, focusing on defense, public safety, and critical infrastructure applications.
Kaishun Digital Technology has partnered with IBM to launch a memory optimization solution for high performance computing enterprises, based on IBM Spectrum LSF. The platform aims to help companies improve resource efficiency without expanding hardware investments.
QuesTek Innovations has appointed Michelle Campbell as Chief Commercial Officer to lead its global commercial strategy and expand adoption of its ICMD software platform.
Independent Emergency Physicians has made a strategic investment in ConsensioHealth to expand its revenue cycle management platform for emergency medicine. The investment will help scale technology, enhance analytics, and increase transparency for physician groups.
Joget Inc. has launched AI Composer, a new feature in its Joget DX platform that allows users to build and modify enterprise applications using natural language while maintaining governance and compliance controls.
SK hynix reported record quarterly revenue of 52.6 trillion won and operating profit of 37.6 trillion won in the first quarter of 2026, driven by strong demand for AI-related memory products.
VAST Data has closed its Series F funding round at a $30 billion valuation, more than tripling its previous valuation from 2023. The round, led by Drive Capital and co-led by Access Industries, raised around $1 billion to support the company's AI infrastructure platform expansion.
Aurachain has partnered with CU*SOUTH to extend its Fraud.Watch network to more credit unions across North America, providing access to a shared fraud intelligence ecosystem.
Vantiq and NTT ExC Partner Corporation have expanded their partnership to enhance and commercialize the YourNAVI-QAI-General Affairs HR support solution, adding on-premises deployment and advancing AI agent capabilities.
Opsera has launched Forge, a platform that converts business intent into enterprise-ready applications through an AI-governed software development lifecycle, ensuring compliance and security from the start.
Cytora and LexisNexis Risk Solutions have announced a strategic partnership to integrate advanced data and analytics into Cytora's AI platform for U.S. commercial insurers, aiming to enhance automated risk assessment and underwriting efficiency.