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Meta has notified thousands of employees of layoffs as the company attempts to offset the substantial costs of its AI investments. The workforce reduction is part of Meta's effort to run the company more efficiently.
Match Group is slowing hiring plans for the rest of the year due to the high costs associated with implementing AI tools across its platform.
Google introduces new Gemini API features to help developers balance cost and reliability in AI deployments. The updates include dynamic scaling and enhanced SLA options for more flexible resource management.
