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VOICE ARCHIVE

Erin Griffith

@eringriffith
241 posts
2026-01-28
Pinterest announces sizable layoffs due to AI. Cutting less than 15% of staff (Latest annual filing says total headcount was 4666 in Dec '24) Company is “reallocating resources to AI-focused roles.” Ironic since, as a user, I hate seeing AI-generated images in my Pinterest
2026-01-28 View on X
CNBC

SEC filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

2026-01-27
Pinterest announces sizable layoffs due to AI. Cutting less than 15% of staff (Latest annual filing says total headcount was 4666 in Dec '24) Company is “reallocating resources to AI-focused roles.” Ironic since, as a user, I hate seeing AI-generated images in my Pinterest
2026-01-27 View on X
CNBC

SEC filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams

Pinterest said Tuesday it plans to lay off less than 15% of its workforce and cut back on office space as the company embraces artificial intelligence.

2026-01-14
meta does layoffs in its metaverse division. is it too late for meta change its name to llama, ticker symbol LLM https://www.nytimes.com/...
2026-01-14 View on X
The Verge

As part of its Reality Labs cuts, Meta is closing three VR gaming studios and will stop developing new content and features for its VR fitness app Supernatural

Developers from Twisted Pixel Games and Sanzaru Games have posted about their studios being closed down.

meta does layoffs in its metaverse division. is it too late for meta change its name to llama, ticker symbol LLM https://www.nytimes.com/...
2026-01-14 View on X
Bloomberg

Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division …

2026-01-13
meta does layoffs in its metaverse division. is it too late for meta change its name to llama, ticker symbol LLM https://www.nytimes.com/...
2026-01-13 View on X
Bloomberg

Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division …

meta does layoffs in its metaverse division. is it too late for meta change its name to llama, ticker symbol LLM https://www.nytimes.com/...
2026-01-13 View on X
New York Times

Sources: Meta plans to lay off ~10% of its 15,000-employee Reality Labs division, disproportionately affecting those working on VR headsets and Horizon Worlds

The layoffs are set to be announced this week and would affect Meta's work on the metaverse, as the company spends heavily on building artificial intelligence.

2025-05-08
has she told the $12bn publicly traded company she is currently ceo of... [image]
2025-05-08 View on X
OpenAI

OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and safety

Sam shared this message with the company earlier today:  —  Hi everyone - I have some exciting news to share.

2025-02-21
My colleague @SteveLohr has a related story out today about how AI is changing coding: https://www.nytimes.com/...
2025-02-21 View on X
New York Times

Software engineers, academics, and analysts say AI coding tools will likely start an evolution rather than an extinction, pushing developers to learn new skills

A.I. tools from Microsoft and other companies are helping write code, placing software engineers at the forefront of the technology's potential to disrupt the work force.

2025-02-11
It's easy for Altman to immediately blow off Musk's takeover offer for OpenAI because private companies don't have the same fiduciary duties that public ones to do take offers to shareholders. But also because its a lowball offer. OpenAI was last valued at $157bn and about to
2025-02-11 View on X
Wall Street Journal

Investors led by Elon Musk make an unsolicited $97.4B bid to buy the nonprofit that controls OpenAI, complicating Sam Altman's plans to convert to a for-profit

Unsolicited offer complicates Sam Altman's plans to convert OpenAI to a for-profit company — A consortium of investors led …

well this is quite a twist https://www.wsj.com/...
2025-02-11 View on X
Wall Street Journal

Investors led by Elon Musk make an unsolicited $97.4B bid to buy the nonprofit that controls OpenAI, complicating Sam Altman's plans to convert to a for-profit

Unsolicited offer complicates Sam Altman's plans to convert OpenAI to a for-profit company — A consortium of investors led …

2025-01-24
Craziest detail, IMO: Beckman allegedly claimed GameOn had $69m in revenue in 2022 and $54m in profit. Annual revenue NEVER EXCEEDED $1m since the company started. [image]
2025-01-24 View on X
Reuters

The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024

while failing to even make payroll for employees Cyrus Farivar / Forbes : AI Startup Founder Allegedly Spent Millions Of Investors' Money On House, Car And Wedding Isaiah Poritz / ...

His wife, a lawyer, was also allegedly in on it, fabricating bank accounts and audit statements, including one that showed a $13m cash balance when the real balance was $25.93(!!!!!!!). When investors demanded to see the bank account directly from the bank, the pair pulled this [image]
2025-01-24 View on X
Reuters

The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024

while failing to even make payroll for employees Cyrus Farivar / Forbes : AI Startup Founder Allegedly Spent Millions Of Investors' Money On House, Car And Wedding Isaiah Poritz / ...

GameOn was founded in 2014 and based in SF. It provided an AI chatbot for pro sports teams and luxury brands. Beckman's alleged lies start with his background: He told investors his past company sold for just under 100m when it actually sold for less than $2m.
2025-01-24 View on X
Reuters

The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024

while failing to even make payroll for employees Cyrus Farivar / Forbes : AI Startup Founder Allegedly Spent Millions Of Investors' Money On House, Car And Wedding Isaiah Poritz / ...

A startup called ON Platform, once known as GameOn, raised $80m in funding from investors including celebs like Snoop Dogg and Joe Montana. Today its founder, Alexander Beckman, and his wife, Valerie Lau, were arrested for fraud. Some of the craziest details from the
2025-01-24 View on X
Reuters

The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024

while failing to even make payroll for employees Cyrus Farivar / Forbes : AI Startup Founder Allegedly Spent Millions Of Investors' Money On House, Car And Wedding Isaiah Poritz / ...

2024-10-18
latest w/ @CadeMetz and @MikeIsaac - How OpenAI and Microsoft's “best bromance in tech” is fraying. (tldr: OAI wants more compute, MSFT is trying to build its own LLM, drama ensues) https://www.nytimes.com/...
2024-10-18 View on X
New York Times

Sources describe OpenAI and Microsoft's fraying relationship, OpenAI renegotiating its deal for more computing power, Microsoft's own LLM efforts, and more

The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up.

2024-10-01
My question is whether these numbers are exciting enough to turn things around for the dismal IPO market. (it's better than last year... but only slightly) As the expert in our article says - most companies are waiting till at least after the election... which basically means
2024-10-01 View on X
CNBC

AI chip startup Cerebras Systems files for a US IPO, with plans to trade on the Nasdaq as CBRS, and reports a $66.6M net loss on $136.4M in sales in H1 2024

Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …

if you're taking on Nvidia, may as well go big and try to piss them off in the process! From our story on the Cerebras S-1: [image]
2024-10-01 View on X
New York Times

Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake

New York Times :

We have an AI IPO! Cerebras, a startup that makes giant chips, filed its S-1. They're growing fast but the biggest takeaway for me is that the Abu Dhabi-based G42 represents a whopping 87% of revenue. Story up soon... https://www.sec.gov/...
2024-10-01 View on X
CNBC

AI chip startup Cerebras Systems files for a US IPO, with plans to trade on the Nasdaq as CBRS, and reports a $66.6M net loss on $136.4M in sales in H1 2024

Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …

We have an AI IPO! Cerebras, a startup that makes giant chips, filed its S-1. They're growing fast but the biggest takeaway for me is that the Abu Dhabi-based G42 represents a whopping 87% of revenue. Story up soon... https://www.sec.gov/...
2024-10-01 View on X
New York Times

Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake

New York Times :

if you're taking on Nvidia, may as well go big and try to piss them off in the process! From our story on the Cerebras S-1: [image]
2024-10-01 View on X
CNBC

AI chip startup Cerebras Systems files for a US IPO, with plans to trade on the Nasdaq as CBRS, and reports a $66.6M net loss on $136.4M in sales in H1 2024

Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …