Tech talent war heats up: Meta poaches Apple AI researchers after OpenAI

Tech talent war heats up: Meta poaches Apple AI researchers after OpenAI

Meta, the Mark Zuckerberg-led company that owns Facebook, Instagram and WhatsApp, recently created a new division called Superintelligence Labs, which will focus on developing artificial general intelligence and work on next-gen large language models. Led by former Scale AI CEO Alexandr Wang and ex-GitHub CEO Nat Friedman, in the last few days, Meta has been […]

Continue Reading
Meta won’t tweak pay-or-consent model further despite risk of EU fines, sources say

Meta won’t tweak pay-or-consent model further despite risk of EU fines, sources say

Meta Platforms is very unlikely to offer more changes to its pay-or-consent model, meaning it is almost certain to be hit by fresh EU antitrust charges and hefty daily fines, people with direct knowledge of the matter said on Friday. The European Commission last month warned Meta of possible daily fines after being told that […]

Continue Reading
Meta is experimenting with AI chatbots might slide into your DMs by texting you first

Meta is experimenting with AI chatbots might slide into your DMs by texting you first

Meta is reportedly working on customisable AI chatbots that may unexpectedly slide into your DMs by texting you first. These chatbots will also remember the things you have said and even follow up on past conversations. The feature, which was first spotted by Business Insider and later confirmed by Meta itself, is part of what […]

Continue Reading
Meta deepens AI push with ‘Superintelligence’ lab, source says

Meta deepens AI push with ‘Superintelligence’ lab, source says

Meta CEO Mark Zuckerberg has reorganised the company’s artificial intelligence efforts under a new division called Meta Superintelligence Labs, according to a source on Monday. The division will be headed by Alexandr Wang, former CEO of data labeling startup Scale AI. He will be the chief AI officer of the new initiative at the social […]

Continue Reading
OpenAI employee set to join Meta calls the ‘0 million signing bonus’ fake news

OpenAI employee set to join Meta calls the ‘$100 million signing bonus’ fake news

In the last few months, Meta has been poaching AI researchers left and right to its superintelligence lab by paying them hefty “signing bonuses”, which some say amount to $100 million. However, this might not be the case. In a post on X (formerly Twitter), Lucas Beyer, who is currently working at OpenAI and will […]

Continue Reading
Meta in talks to hire former GitHub CEO Nat Friedman to join AI efforts

Meta in talks to hire former GitHub CEO Nat Friedman to join AI efforts

Meta Platforms is in talks to hire former GitHub CEO Nat Friedman to join the Facebook parent’s AI efforts, The Information reported on Wednesday, citing a person familiar with the matter. The social media giant is also in discussion with Daniel Gross, Friedman’s partner in the investment fund NFDG, about joining the company to work […]

Continue Reading
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. […]

Continue Reading
Meta and TikTok challenge tech fees in second highest EU court

Meta and TikTok challenge tech fees in second highest EU court

Meta Platforms and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology as they took their fight with tech regulators to Europe’s second highest court on Wednesday. Under the Digital Services Act that became law in 2022, the two companies and 16 others are subject to […]

Continue Reading
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 […]

Continue Reading
Meta appoints Sandhya Devanathan as India head

Meta appoints Sandhya Devanathan as India head

Newly-appointed Vice President of Meta India, Sandhya Devanathan. | Photo Credit: PTI Social media giant Meta has appointed Sandhya Devanathan as the Vice President of Meta India, the company said on Thursday. She comes in place of Ajit Mohan who resigned from Meta, which owns Facebook, Instagram, Whatsapp, early this month. “I’m pleased to welcome […]

Continue Reading