Meta has reportedly convinced three of OpenAI’s researchers to jump ship.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai, all stationed with OpenAI’s Zurich office ...

Sam Altman has reportedly accused Meta of offering nine-figure signing bonuses to poach his workers.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The OpenAI CEO says that Meta was making “giant offers” of $100 mi ...

Alpha Evolve AI that can discover new knowledge. It really feels like we're at this inflection point of the intelligence explosion. Are we at that inflection point given it seems like this is self-improving artificial intelligence.You're spot on to the potential for something like Alpha Evolve. It's amazing. We launch in this lowkey way.Yeah, it's one of the most groundbreaking work we are doing. The fact that you know you can have these agents which can go improve code, make discoveries. What an extraordin ...

Meta Platforms CEO Mark Zuckerberg reportedly is building a team of 50 AI experts aimed at beating the company's tech rivals in achieving artificial general intelligence. https://t.co/SZRAXIDCxD ...

We have Mark Zuckerberg assembling a team of experts to achieve artificial general intelligence. So it seems we still need the humans and their brain trust to develop this stuff. Yeah, absolutely.And this kind of connects quite well with the scale AI investment that we talked about relates to meta yesterday and scale AI is all about using humans to train um the the artificial intelligence. So, you know, I think this is a clear yesterday and today very clear statement of intent from Meta that they want to be ...

Core Insights - Alphabet CEO Sundar Pichai addressed concerns regarding AI potentially making half of the company's 180,000 workforce redundant, emphasizing the company's commitment to growth through at least next year [1][2] - Pichai described AI as an "accelerator" that enhances engineer productivity by automating tedious tasks, allowing them to focus on more impactful work, thus creating demand for more employees rather than replacing them [2] Workforce and Layoffs - Alphabet has undergone several layoffs in recent years, with targeted cuts in 2025 being less severe than previous years; less than 100 employees were laid off in the cloud division earlier this year, and hundreds more in the platforms and devices unit [3] - In contrast, the company laid off 12,000 employees in 2023 and at least 1,000 in the previous year, indicating a trend of more significant cuts in earlier years [3] Innovation and Future Ventures - Pichai highlighted Alphabet's expanding ventures, including Waymo autonomous vehicles, quantum computing initiatives, and the growth of YouTube, which has 100 million channels and 15,000 channels with over one million subscribers in India alone, as evidence of ongoing innovation opportunities [4] AI Development and Concerns - While acknowledging fears about job displacement, Pichai respected concerns raised by industry leaders regarding AI's potential to erode half of entry-level white-collar jobs within five years [5] - Pichai expressed optimism about future progress in AI development but noted that predicting a clear path to artificial general intelligence (AGI) is uncertain, as technology often experiences temporary plateaus [6]

Gambling hasn't always worked out for SoftBank's Masayoshi Son. But as the Japanese billionaire begins to see his technology empire turn a corner, he'll be hoping he can pull off a huge bet on AI. On Tuesday, SoftBank, which has positioned itself as one of the most important backers to Sam Altman's OpenAI, posted its first annual profit in four years. Net income of 1.15 trillion yen ($7.8 billion) for the year ended March overcame a $1.5 billion loss the previous year.Fourth quarter gains helped overall pr ...

The AI giant will receive $10 billion in initial funding – with SoftBank and its CEO Masayoshi Son to contribute $7.5 billion and the rest of the money coming from a group of investors that includes Microsoft, Thrive Capital, Altimeter Capital and Coatue Management, Bloomberg reported. The additional $30 billion is set to be dispersed at the end of the year, with $22.5 billion coming from SoftBank and $7.5 billion from other investors. Sam Altman's OpenAI has raised $40 billion in a new funding round led by ...