[MegaETH Lays Off 20% of Staff, Shifts Focus to AI Business and Invests $30 Million in Inference Market] BlockBeats reported on November 14th that MEGA, the organization behind the Ethereum Layer 2 network MegaETH, has laid off approximately 20% of its staff. MegaETH co-founder Shuyao Kong stated on Friday that the restructuring affected early project employees, covering teams in blockchain, wallets, ecosystem support, and communications, but did not disclose the specific number of layoffs or the implementation timeline. She emphasized that the founding team, early employees, and core engineering team will continue to advance the project. This layoff occurs amidst MEGA's organizational restructuring and business transformation. The organization is shifting its focus to new products on the MegaETH network, including artificial intelligence services, and has committed $30 million to related businesses. However, Kong did not explicitly state that the layoffs are directly related to the AI strategic transformation. According to the white paper released by the co-founder, MegaETH plans to launch an AI inference market, allowing users to choose different models by introducing multiple AI service providers, while addressing issues such as model authenticity and transparency in user data processing. Kong stated that MEGA plans to launch a public AI inference marketplace this December. [Original Link]