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Mass layoff incoming: Meta to slash thousands of jobs amid $135 billion AI investment

Mass layoff incoming: Meta to slash thousands of jobs amid $135 billion AI investment

by AI News | Apr 22, 2026 | AI News

ABILENE, Texas — Meta is set to eliminate approximately 8,000 workers starting May 20, according to Reuters. In its most recent financial highlights report, the company outlined plans to spend up to $135 billion on AI-related infrastructure in 2026. Meta plans to cut...
Insurers move to cap cyber payouts related to AI and ‘LLMjacking’

Insurers move to cap cyber payouts related to AI and ‘LLMjacking’

by AI News | Apr 22, 2026 | AI News

Beazley and QBE are among the groups proposing to limit losses from the rapidly advancing technology 
Young Chinese Use AI To Launch One-person Firms Over Job Anxiety

Young Chinese Use AI To Launch One-person Firms Over Job Anxiety

by AI News | Apr 22, 2026 | AI News

Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting “one-person companies” that have artificial intelligence do most of the work. 
Michael and Susan Dell surpass 1 billion in donations backing AI driven hospital project

Michael and Susan Dell surpass 1 billion in donations backing AI driven hospital project

by AI News | Apr 22, 2026 | AI News

NEWYou can now listen to Fox News articles! Billionaire Michael Dell and his wife, Susan Dell, have become the first donors to give more than $1 billion to the University of Texas at Austin, funding a massive new medical research campus and hospital system powered by...
Connecticut Senate passes AI protection, investment bill

Connecticut Senate passes AI protection, investment bill

by AI News | Apr 22, 2026 | AI News

[[{“value”:” Artificial Intelligence Connecticut Senate passes AI protection, investment bill By Jennifer Glatz • Published 4 hours ago • Updated 4 hours ago BOOKMARKER NBC Connecticut Connecticut State Capitol Connecticut’s Senate passed an AI...
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