Mark Zuckerberg freezes AI hiring amid bubble fears
Stock market volatility was largely prompted by a report from the Massachusetts Institute of Technology, which claimed that 95pc of companies were getting “zero return” on their AI investments. A Meta spokesman sought to downplay the freeze, saying: “All that’s happening here is some basic organisational planning: creating a solid structure for our new superintelligence efforts after bringing people on board and undertaking yearly budgeting and planning exercises.” It comes after the company h