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Marne Levine, vice president of global partnerships and business development for Facebook Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., U.S., on Wednesday, Oct. 23, 2019.

Sarah Silbiger | Bloomberg | Getty Images

Meta‘s Chief Business Officer Marne Levine is stepping down after 13 years with the company, Meta announced in a release Monday.

Levine will stay in the role until Feb. 21, and she will remain an employee at Meta until she officially departs in the summer, according to the release. Meta said Nicola Mendelsohn and Justin Osofsky will take on expanded roles as senior sales and partnership leaders moving forward, and they will report to COO Javier Olivan.

Levine previously served as vice president of global public policy at Facebook, chief operating officer at Instagram and vice president of global partnerships, business and corporate development at Facebook.

She was an influential executive at Meta, serving as the first chief operating officer for Instagram, where she helped steer the photo-sharing app to become one of Meta’s cornerstone apps alongside the core Facebook app.

Levine was named Facebook’s chief business officer in the summer of 2021, a few months before it changed its name to Meta to indicate its focus on the yet-to-be-developed metaverse.

Before joining Facebook, Marne served in the Obama administration as chief of staff of the National Economic Council at the White House and special assistant to the President for Economic Policy, and she began her career at the United States Department of Treasury under President Bill Clinton.

“From running global policy, to growing our Instagram business as the first COO, to leading our ads and business partnerships teams, Marne has been an incredible leader at Meta over the last 13 years,” Olivan said in the release. “I’m grateful for our partnership, her commitment to Meta, and the energy she brought to the company every day.”

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Airbnb CEO Chesky says ChatGPT isn’t ‘quite robust enough’ to integrate into travel app

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Airbnb CEO Chesky says ChatGPT isn't 'quite robust enough' to integrate into travel app

Airbnb CEO Brian Chesky on new product updates, integrating AI and state of AI tech race

Airbnb CEO Brian Chesky said he wants to integrate ChatGPT artificial intelligence capabilities into the travel platform but the software isn’t ready.

“The [software development kit] wasn’t quite robust enough for the things we want to do,” he told CNBC’s “Squawk Box” on Wednesday.

Chesky said the company would “probably” want to integrate ChatGPT eventually.

Airbnb on Tuesday launched a series of new social features, such as direct messaging, to its platform. The update also included a personalized version of the company’s chatbot launched earlier this year that can cancel and change reservations for users in North America.

In an interview with Bloomberg this week, Chesky said that the OpenAI chatbot isn’t “quite ready” for integration with Airbnb. He said the model was made using 13 different chatbots and that Airbnb is depending heavily on Alibaba’s Qwen model.

Chesky, who is a close friend of OpenAI CEO Sam Altman, said it’s only the beginning of the AI revolution and he expects the technology to fuel a consumer app craze over the next few years.

“We’re all going to have to work together,” he said. “AI is going to lift up a lot of companies. If they want to vertically integrate every single thing, that’s going to be very, very difficult.”

OpenAI did not immediately respond to a request for comment.

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Meta lays off 600 employees within AI unit

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Meta lays off 600 employees within AI unit

Mark Zuckerberg, CEO of Meta Platforms.

David Paul Morris | Bloomberg | Getty Images

Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday.

The company announced the cuts in a memo from its Chief AI Officer Alexandr Wang, who was hired in June as part of Meta’s $14.3 billion investment in Scale AI. Workers across Meta’s AI infrastructure units, Fundamental Artificial Intelligence Research unit and other product-related positions will be impacted.

Axios was first to report the cuts.

Meta has been aggressively investing in AI as it works to keep pace with rivals like OpenAI and Google, pouring billions of dollars into infrastructure projects and recruitment.

On Tuesday, the company announced a $27 billion deal with Blue Owl Capital to fund and develop its massive Hyperion data center in rural Louisiana. The data center is expected to be large enough to cover a “significant part of the footprint of Manhattan,” Meta CEO Mark Zuckerberg said in a post in July.

WATCH: Megacap AI talent wars: Meta poaches another top Apple executive

Megacap AI talent wars: Meta poaches another top Apple executive

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Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

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Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption

A new Volkswagen ID.3 electric car prepares to pass final inspection at the Volkswagen plant on May 14, 2025 in Dresden, Germany.

Sean Gallup | Getty Images News | Getty Images

German auto giant Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia.

The update comes shortly after the German Association of the Automotive Industry (VDA), the country’s main car industry lobby, said the China-Netherlands dispute over Nexperia could lead to “significant production restrictions in the near future” if the supply interruption of chips cannot be swiftly resolved.

A spokesperson for Volkswagen told CNBC by email that while Nexperia is not a direct supplier of the company, some Nexperia parts are used in its vehicle components, which are supplied by Volkswagen’s direct suppliers.

“We are in close contact with all relevant stakeholders in light of the current situation to identify potential risks at an early stage and to be able to make decisions regarding any necessary measures,” a Volkswagen spokesperson said, noting that the firm’s production is currently unaffected.

“However, given the evolving circumstances, short-term effects on production cannot be ruled out,” they added.

Shares of Volkswagen traded 2.2% lower at 2 p.m. London time (9 a.m. ET).

Last month, the Dutch government took control of Nexperia, a Chinese-owned semiconductor maker based in the Netherlands, in what was seen as a highly unusual move.

The Dutch government seized control of the company, which specializes in the high-volume production of chips used in automotive, consumer electronics and other industries, citing fears the firm’s tech “would become unavailable in an emergency.”

China responded by blocking exports of the firm’s finished products, sparking alarm among Europe’s auto industry.

A spokesperson for Germany’s Economy Ministry said the government is concerned about chip supply chain difficulties, according to Reuters.

— CNBC’s Dylan Butts contributed to this report.

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