OpenAI has been winding down its work with Scale AI over the last year, according to a spokesperson. Meta is investing $14.3 billion into Scale AI and will have a 49% stake in the startup, which helps tech companies prepare data they use to train cutting-edge AI models.
Shares of Meta Platforms Inc. (NASDAQ: META) gained0.93% over the past five trading sessions, bringing the stock's year-to-date gain to nearly 17%.
Sam Altman, chief executive of OpenAI, has accused Meta, led by Mark Zuckerberg, of attempting to lure his top artificial intelligence experts with “crazy” signing bonuses of up to $100 million. Speaking on the Uncapped podcast (hosted by his brother Jack), Altman described these offers as unusually large upfront compensation packages.
OpenAI CEO Sam Altman said Meta is offering "giant offers," including signing bonuses as high as $100 million, to lure top AI talent away from his company amid an intensifying battle for supremacy in artificial intelligence. Speaking on a podcast hosted by his brother, Altman said that while the offers from Meta — the parent company of Facebook, Instagram, and WhatsApp — were aggressive, none of OpenAI's “best people” had yet left.
Sam Altman has reportedly accused Meta of offering nine-figure signing bonuses to poach his workers. [contact-form-7] The OpenAI CEO says that Meta was making “giant offers” of $100 million as it tries to catch up in the artificial intelligence (AI) race, the Financial Times (FT) reported Wednesday (June 18), citing Altman's comments on his brother's Uncapped podcast.
Sam Altman says Meta's aggressive $100M+ offers to OpenAI staff have failed, as top talent values OpenAI's culture and AI leadership prospects. Senate passes GENIUS Act, creating a regulatory framework for stablecoins, aiming to boost U.S. dollar dominance and Treasury demand.
Meta on Tuesday gave posts from apps or servers synced to the "fediverse" a dedicated feed at Threads, its challenge to the X platform originally known as Twitter.
Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent and strengthen its own generative AI teams, the startup's CEO, Sam Altman, has said.
While Meta had sought to hire “a lot of people” from OpenAI, none of its best people have accepted the offers. The news comes amid efforts from Mark Zuckerberg to ramp up Meta's AI talent pool.
Meta is working on a pair of AI smart glasses with the Italian high fashion brand, Prada, according to a report from CNBC on Tuesday. It's unclear at this time when Meta's Prada smart glasses will be publicly announced.
Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The Oakley version of the glasses may cost around $360 as they are more weather resistant than their Ray-Ban counterparts.
Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation. Up until now, users have been able to share both video posts and reels.