Some follow the noise.

Bloomberg follows the money, whether it's the funds fueling AI or crypto's trillion

dollar swings.

There's a money side to every story.

Get the money side of the story.

Subscribe now at Bloomberg.com.

What happened with Zuck?

So Zuck with the 7,000 layoffs because of AI that took place.

The one thing that people are missing is anytime some like this happens,

automatically everything is Mark Zuckerberg, you know,

addresses staff ahead of mass AI layoffs.

And by the way, was this leaked intentionally or was this accidental?

I don't know, but it was on a all-hands meeting on April 30th, where he just told them that, you know, the training I-I on them ahead of mass layoffs.

Okay, so this is a conversation that's being taking place. Mass layoffs are around the corner.

Wednesday, they did the layoffs two days ago. They asked everybody to stay home for no one to come to the office. A bunch of employees who were worried about getting fired were taking batteries, chargers, they were taking whatever the supplies that Facebook allows you to have. And remember, you know what the average employee makes at Facebook? I don't know if you know the average salary. The average employee at Meta makes between $350,000 to $380,000 a year. So it's not like they're getting rid of $62,000. There you go, $3.79 a year is what the average salary, the median total salary is at Mehta. So when they're letting go of people, $7,000 of them, it's a lot of money. But if you want to play this clip, Vinny, I'm going to come to you first, and Tom, I'm coming to you right afterwards. Go ahead. In other news, I know layoffs are top of mind, but there were also some updates this

week around, and a question around employee device tracking. So can you share more on

employee device tracking? I think the way that it was announced left folks. Yeah, yeah. So,

okay, let's talk about what we're doing.

You know, like Alex just said, going into what makes these AI models great, right?

There's basically a few key ingredients. There's getting the research and the architecture good.

There's having good infrastructure, which is both the quantity of compute, but like as important, if not more, is also just like how efficiently can you use it, how reliable is it? What is the quality of that? It's a six minute clip. And then what, 44, I think, 44. 44 seconds, Rob. I don't know. I think he did. he already said the AI part.

Which he says what?

...