AI Briefing Room

EP-131 Meta’s Job Cuts Impact 🌐, Asml’s Market Shake-up 📉, Big Tech’s Nuclear Power Shift ⚛️

Listen Later

welcome to wall-e's tech briefing for thursday, october 17th! dive into today's top tech stories:

  • meta job cuts: significant layoffs across various teams including threads, recruiting, and design. affected areas include reality labs, instagram, and whatsapp as the company shifts resources to align with long-term goals.
  • asml stock drop: dutch semiconductor equipment giant sees shares fall by 16%, erasing nearly $53 billion in market value due to disappointing sales forecasts, impacting stocks like nvidia and amd.
  • nvidia regret: billionaire investor stanley druckenmiller reflects on missed opportunities after selling nvidia shares before their value tripled, raising caution about current valuations.
  • nuclear power for tech: major tech companies like microsoft and google are turning to nuclear energy to meet data center electricity demands, highlighting its potential role in supporting sustainable ai infrastructure growth.

    • stay tuned for tomorrow's tech updates!

    ...more
    View all episodesView all episodes
    Download on the App Store
    AI Briefing RoomBy AIBriefingRoom
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    4 ratings