Meta puts the brakes on its massive AI talent spending spree
1. Meta has paused hiring for its AI division amid restructuring efforts. 2. The hiring freeze allows evaluation of new talent after aggressive recruitment. 3. Concerns of an AI investment bubble coincide with this industry-wide hiring pause. 4. Meta's recent spending included a $14.3 billion stake in Scale AI. 5. Analysts believe tech stocks are undervalued despite the AI hiring slowdown.