The AI spending spree hit a new gear
Two stories defined the AI landscape this week — and neither paints a comfortable picture.
Meta committed $27B to AI infrastructure in one of the largest deals in tech history, then announced 16,000 layoffs to pay for it. The stock went up. Meanwhile, the first lifelike political deepfake hit the midterms: an 85-second AI-generated impersonation of a Senate can...
