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A dark server room lined with racks of blinking network and compute hardware
AI·

Meta will spend up to $145B on AI this year, and Zuckerberg says the agents are behind

Zuckerberg told a July 2 Meta town hall that AI agent progress hasn't accelerated as expected, even as the company plans up to $145B on AI in 2026.

A rack of servers in a data center, the kind of hardware Oracle's AI cloud buildout runs on
Policy·

Oracle cut 21,000 jobs in a year. Its own SEC filing names AI as a reason.

Oracle's headcount fell to about 141,000 as of May 31, down roughly 21,000 in a year. Its FY2026 10-K ties the cuts to AI while capex hit $55.7 billion.

Meta corporate signage outside a company office building
Policy·

Meta reassigned thousands of engineers to label AI data, and the unit is in revolt

Gergely Orosz reports Meta moved a big share of its engineers into an AI data-labeling org. TechCrunch and Wired describe a revolt. Here is what is confirmed.