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Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz
Meta PlatformsMeta Platforms(US:META) CNBCยท2025-06-30 18:43

Core Insights - Meta Platforms Inc. has seen its shares reach a record high of $747.90, driven by strong investor interest in its new AI superintelligence group [1] - The company is aggressively hiring AI talent, including notable figures from competitors like OpenAI and Scale AI, as part of a $14.3 billion investment strategy [1][2] - Meta's new Superintelligence Labs, led by Alexandr Wang and Nat Friedman, will focus on developing the company's artificial intelligence foundation models and research [3] Investment and Hiring Strategy - Meta's hiring spree includes significant investments in AI talent, with reports of signing bonuses reaching up to $100 million for top researchers [4] - The company has also attempted to acquire Safe Superintelligence, a startup valued at $32 billion, but was rebuffed by its founder [2] - Andrew Bosworth, Meta's technology chief, highlighted the unprecedented nature of the current talent market in the technology sector [4]