Meta Plans 16,000 Layoffs to Fund AI Infrastructure

Meta Plans 16,000 Layoffs to Fund AI Infrastructure

Meta is reportedly planning to cut up to 20 percent of its 79,000-person workforce, which would eliminate roughly 16,000 jobs. The cuts are tied to the company's $600 billion AI infrastructure investment, which is consuming capital faster than its current headcount structure can sustain

Anthropic Drops Long-Context Premium: 1M Tokens at Standard Price

Anthropic Drops Long-Context Premium: 1M Tokens at Standard Price

Anthropic announced on March 13 that its full 1 million token context window is now generally available for Claude Opus 4.6 and Sonnet 4.6 at standard API pricing. The company eliminated the long-context surcharge that previously added up to 100% to the cost of requests exceeding 200,000 tokens

EU AI Act Adds Ban on AI Nudification Tools

EU AI Act Adds Ban on AI Nudification Tools

The European Union Council released its amended AI Act proposal on March 13, 2026, adding an explicit prohibition on AI nudification tools and non-consensual intimate imagery. A committee vote is scheduled for March 18 before the proposal advances to parliamentary and Council approval stages

Musk Admits xAI 'Not Built Right,' Starts Over

Musk Admits xAI 'Not Built Right,' Starts Over

Elon Musk stated on March 13, 2026 that "xAI was not built right first time around, so is being rebuilt from the foundations up." The admission came as 10 of the company's 12 original co-founders have departed, and xAI is now recruiting engineers from Cursor to rebuild its AI coding tools

Lovable Hits $400M ARR With Just 146 Employees

Lovable Hits $400M ARR With Just 146 Employees

Lovable, the vibe coding platform that lets users build applications through natural language commands, reached $400 million in annual recurring revenue in February 2026. The company did it with just 146 employees and 8 million users, adding $100 million in revenue in a single month

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