MEGA cuts 20% of staff after $30 million AI product push
MEGA has cut 20% of its workforce following months of restructuring, days after the MegaETH Foundation adopted its new name and committed $30 million to products beginning with an AI inference market. Shuyao Kong, MEGA’s co-founder, disclosed the reduction in…
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Artificial intelligence
Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.
AI is changing work, media and public services, raising questions about jobs, safety and regulation.
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