MegaETH Cuts 20% of Workforce as It Shifts Focus Toward AI Marketplace
By Michael B
MEGA, the organization behind Ethereum Layer 2 network MegaETH, has reduced its workforce by 20% as it prepares to expand beyond blockchain infrastructure and develop artificial intelligence products. Co-founder Shuyao Kong announced the restructuring on November 13, confirming that employees involved in the…
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Explained in this story
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.
More about Artificial intelligenceBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in AI
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