Former Meta CTO Mike Schroepfer raised a $250 million fund at Gigascale Capital to back hard-tech startups rebuilding energy, grid, and physical infrastructure. AI demand makes hardware the new competitive edge. Schroepfer draws on Meta data center experience to identify where power and supply chain bottlenecks create openings for venture-scale companies.
Meta CTO Andrew Bosworth called the company's AI reorganization "atrocious" in an internal post, promising better communication, career paths and perks to rebuild trust. The admission highlights deep employee frustration over menial tasks, surveillance and layoffs as the company races to embed AI everywhere.
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