[ORGANIZATION]
Meta's advertising business
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Situations
Meta AI expansion, layoffs, earnings, lawsuit
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Latest: Meta posts 28% revenue growth, profit drop and soaring AI costs
Meta’s 2026 AI re‑organisation placed 7,000 engineers into AI‑focused squads and earmarked up to $145 billion for AI infrastructure. The company continued cutting roughly 10 % of its workforce, with an 8,000‑position lay