What was new in what Zuckerberg said. Yeah. I think what we learned today to your point, is that this thing is official.We had been talking and reporting about this for a couple of weeks now. I think what's new is that they listed in total, if you include Alexander Wang, 13 new hires for this team. So we did confirm a lot of the new members of the team.And we also learned that Nat Friedman, former CEO, GitHub, is going to sort of co-run this new team with Alex Wang. So I get the sense Alex Lane is perhaps i ...

Core Insights - Meta Platforms, Inc. is restructuring its AI strategy by forming a new division called Meta Superintelligence Labs, aimed at creating superintelligence that surpasses human cognitive abilities [1][5] - Alexandr Wang, the former CEO of Scale AI, has been appointed as Chief AI Officer to lead this new division, emphasizing a unified leadership approach [1][2] Strategic Investments and Talent Acquisition - Meta has made a significant investment of $14.3 billion for a 49% stake in Scale AI, securing Wang's leadership and enhancing its AI capabilities [3] - The company is actively recruiting top AI talent from industry leaders such as OpenAI, DeepMind, and Anthropic, with Zuckerberg personally involved in the recruitment process [3] Leveraging Open-Source and In-House Innovations - Meta's AI initiatives will utilize open-source Llama 3 models and proprietary MTIA chips to reduce dependence on expensive NVIDIA hardware, aiming for optimized performance and cost-efficiency [4] Vision for the Future - Zuckerberg expressed confidence in Meta's ability to deliver personal superintelligence, highlighting the company's strong business foundation and experience in reaching billions of users [5]

Mark Zuckerberg announced a new “Superintelligence” division within Meta Platforms, officially organizing an effort that has been the subject of an intense recruiting blitz in recent month https://t.co/SOa8zyqFhu ...

It's almost like investors are saying a hundred million isn't enough, dear. Make it two. You're right.Make it billions. It doesn't matter. Just spend as much as you can.And that really at the core of this is that this talent spend, it's the new signal to investors. Just like capex spend in the first few years of the race. No one wants to be the first to pull back because cutting comp doesn't just risk losing talent.It risks signaling that you're losing momentum. And now an internal meta memo suggests that Z ...

Meta restructures its AI unit under ‘Superintelligence Labs’ | TechCrunch https://t.co/oGn6OS8q6F ...

Group 1 - Meta is restructuring its AI efforts to focus on building AI "superintelligence" under a new group called Meta Superintelligence Labs [1] - Alexandr Wang, former CEO of Scale AI, will lead the new group as chief AI officer, partnering with Nat Friedman, former GitHub CEO, who will oversee AI products and applied research [2] - Meta has invested $14.3 billion in Scale AI and has successfully recruited 11 new AI researchers from competitors, including notable hires from Google DeepMind and Anthropic [2][3]

Mark Zuckerberg announced a major restructuring of Meta’s artificial intelligence group, including a commitment to developing AI "superintelligence," or systems that can complete tasks as well as or even better than humans https://t.co/ajYB9J5OY5 ...

Core Insights - Meta is heavily investing in artificial intelligence (AI) to catch up in the generative AI race, with CEO Mark Zuckerberg leading the charge [3][6] - The company has offered substantial financial incentives, including $100 million bonuses, to attract top talent from competitors like OpenAI [3][5] - Meta's recent acquisition of a 49% stake in Scale AI for over $14 billion aims to enhance its AI capabilities by improving data labeling for training AI models [4][5] Investment and Strategy - Meta's recruitment strategy includes targeting high-profile AI talent, with notable hires from OpenAI and other AI startups [5][8] - The company is focusing on developing "superintelligence," which aims to create AI that surpasses human cognitive abilities [6][9] - Institutional investors express concerns about Meta's cash flow management and the potential risks associated with Zuckerberg's unchecked spending [8] Market Position and Performance - Meta's AI model, Llama, has underperformed compared to competitors in code writing evaluations, raising questions about its current AI capabilities [6][10] - Despite the challenges, Meta's share price is nearing a new high, with the company's overall value approaching $2 trillion [7] - Analysts suggest that while the investment in AI talent may not yield immediate profitability, it is essential for long-term success in the generative AI space [9]

Meta has hired four notable artificial intelligence researchers from OpenAI, ramping up a hiring spree for its Superintelligence group https://t.co/hMJebPELQI ...

Meta's AI hiring efforts have scored big: Trapit Bansal, a highly influential OpenAI researcher, has officially joined Meta's AI superintelligence team.Bansal had been with OpenAI since 2022, being a key layer in the company's reinforcement learning development, and working as a foundational contributor on o1, their first AI reasoning model.For those keeping score, Bansal joins former Scale AI CEO Alexandr Wang, former GitHub CEO Nat Friedman and Safe Superintelligence co-founder Daniel Gross as recent addi ...