
Meta to Produce AI Chip, Volkswagen to Drastically Cut Car Models and Production
Meta plans to begin production of its AI chip in September to double its computing capacity. Meanwhile, Volkswagen announced it will drastically reduce its car models by half and further cut production capacity as part of a broad reorganization, following a high-stakes boardroom showdown.
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Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
The update followed a high-stakes boardroom showdown with the group's supervisory board.
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