Sam Altman says Meta offered 0 million bonuses to OpenAI employees

Sam Altman says Meta offered $100 million bonuses to OpenAI employees

OpenAI CEO Sam Altman said that Meta has offered his employees bonuses of $100 million to recruit them, as the tech giant seeks to ramp up its artificial intelligence strategy. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models, and […]

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After Ray-Ban, Meta’s next AI smart glasses to feature Oakley and Prada designs

After Ray-Ban, Meta’s next AI smart glasses to feature Oakley and Prada designs

Meta’s AI-powered Ray-Ban smart glasses have already sold more than two million pairs, and it appears the company is now partnering with other brands to bring new smart glasses to market. Co-designed in partnership with EssilorLuxottica, a CNBC report hints that Meta is planning to launch AI-powered smart glasses under the Oakley and Prada brands. Following […]

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Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup

Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup

Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant’s artificial intelligence strategy. Meta will take a 49% stake for $14.3 billion, according to two sources familiar with the matter. […]

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Google, Scale AI’s largest customer, plans split after Meta deal

Google, Scale AI’s largest customer, plans split after Meta deal

Alphabet’s Google, the largest customer of Scale AI, plans to cut ties with Scale afternews broke that rival Meta is taking a 49% stake in the AI data-labeling startup, five sources familiar with the matter told Reuters. Google had planned to pay Scale AI about $200 million this year for the human-labeled training data that is […]

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Tech giants’ indirect emissions rose 150% in three years as AI expands, UN agency says

Tech giants’ indirect emissions rose 150% in three years as AI expands, UN agency says

Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. The use of artificial intelligence by Amazon, Microsoft, Alphabet and Meta drove up their global indirect emissions because of […]

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Meta becomes the latest big tech company turning to nuclear power for AI needs

Meta becomes the latest big tech company turning to nuclear power for AI needs

Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a string of tech-nuclear […]

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AI’s Unchecked Ascent: How Big Tech is outpacing the regulatory rulebook

AI’s Unchecked Ascent: How Big Tech is outpacing the regulatory rulebook

Artificial intelligence is experiencing a period of meteoric acceleration. Scarcely a week passes without fresh demonstrations of its expanding capabilities, as giants like OpenAI, Meta, Google, Anthropic and Microsoft unveil deeper integrations of their AI models, each flaunting ever more advanced capabilities.  These firms’ fortunes were built on data, both scraped from the internet and […]

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Is AI leading to reduced jobs? What it means for software engineers

Is AI leading to reduced jobs? What it means for software engineers

The debate over whether the use of artificial intelligence tools is leading to fewer roles for software engineers and coders has been ongoing for over a year. While some initially argued that AI would augment the average worker’s efficiency rather than replace them, it seems the latter is becoming a reality—at least in big tech. […]

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Is AI leading to reduced jobs? What it means for software engineers

Salesforce joins other large tech companies in citing AI as reason for fewer engineering hires

The debate over whether the use of artificial intelligence tools is leading to fewer roles for software engineers and coders has been ongoing for over a year. While some initially argued that AI would augment the average worker’s efficiency rather than replace them, it seems the latter is becoming a reality—at least in big tech. […]

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