The rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity. We do not yet know which."
—Stephen Hawking
Corporate news, research breakthroughs, open-source model releases, Llama updates, and strategic initiatives from Meta.
Cambridge-based CuspAI has launched the AI Materials Foundry, a coalition of more than 45 tech giants and research groups including NVIDIA, Meta, Samsung and Hyundai Motor Group, alongside a $450 million Series B that values the two-year-old startup at $2.6 billion.
Meta said the 1GW facility will use a closed-loop liquid cooling system with dry cooling, requiring no operational water for cooling.
AI is causing more software engineers to be hired, insists Huang even as Q1 2026 saw over 100,000 tech jobs slashed.
OpenAI chief Sam Altman says he is “delighted to be wrong” about AI’s short-term impact on entry-level white-collar jobs, a relief that sits awkwardly against Q1 2026, when over 100,000 tech employees were laid off globally by firms including Oracle, Meta, Amazon and Cloudflare.
Meta might axe at least 16,000 jobs this year due to its aggressive push on AI infrastructure.
