The downsizing is the latest move in the heated AI race by Meta and CEO Mark Zuckerberg, who’s spending aggressively to keep pace with rivals like OpenAI and Alphabet Inc.’s Google. (Photo: Paulo Nunes dos Santos/Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Meta Platforms Inc. is cutting approximately 600 jobs from the company’s artificial intelligence unit, Meta Superintelligence Labs, as it aims to move more quickly in the competitive AI race.

Employees impacted by the cuts were alerted on Wednesday, according to an internal memo reviewed by Bloomberg News, though the company’s newly formed TBD Lab group, which includes many of the highly-paid recent hires , was not affected.

“By reducing the size of our team, fewer conversations will be required to ma

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