Meta AI
Meta is making the biggest AI bet in its history — spending more per day on infrastructure than most companies spend in a year. At the same time, it is cutting thousands of jobs. Llama, Ray-Ban glasses, Meta AI: Zuckerberg's vision of an open-source AI future is ambitious, expensive and deeply controversial. We cover all of it.
Meta Is Spending $370 Million Per Day on AI — And Firing 8,000 People to Pay for It
Meta is spending approximately $370 million every single day on AI data centre construction — while simultaneously cutting 8,000 jobs, 10% of its workforce. Revenue jumped 33% in Q1 2026, yet investors sent the stock down 6%. The core concern: Meta has no cloud business to monetise its AI investment. The human cost of the AI race has a face — and it is Meta’s. Published by gafam.ai — The European Eye on Big Tech & Artificial Intelligence.