Dossier
AI investments
Coverage of AI investments in the Nexus archive.
- SentinelOne stock drops 12% as cyber firm trims headcount to boost AI investments
SentinelOne's stock fell 12% following the release of weak earnings and guidance for the current quarter and full-year. The cyber firm is reducing its headcount to redirect resources toward AI investments.
- Meta lays off thousands of employees to offset AI investments
Meta has laid off thousands of employees to offset significant AI investments and improve operational efficiency. The layoffs were announced via management email and represent part of a broader restructuring that began in March, initially targeting up to 20 percent of the company's total headcount.