Meta may cut metaverse spending sharply

On the one hand, Meta poached Apple’s design head in a major coup to make hardware and software for AI, but there are signs Zuck is souring on the Metaverse could even abandon it entirely. Is Amazon about to abandon your mailman? And why Dario Amodei is playing a blinder right now.

• Apple Design Executive Alan Dye Poached by Meta in Major Coup (Bloomberg)
• Meta’s Zuckerberg Plans Deep Cuts for Metaverse Efforts (Bloomberg)
• Amazon explores building its own delivery network to replace USPS deal (Washington Post)
• Anthropic CEO Says Some Tech Firms Too Risky With AI Spending (Bloomberg)
• Harvey, a Maker of A.I. Legal Software, Raises New Funds (NYTimes)
• Reddit’s CEO says r/popular ‘sucks,’ and it’s going away (The Verge)

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