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Meta’s all-star “Superintelligence” team takes shape
Sherwood News
AIntelligence

Meta’s “superintelligence” AI team appears to be largely made up of OpenAI, and has their work cut out for them

Meta’s path to AI domination seems to be paved with other AI companies and their talent.

Rani Molla, Jon Keegan

Meta’s plan to rival OpenAI seems to be largely dependent on OpenAI itself.

The social media company has been assembling a “superintelligence” team to boost its AI chops, help it reach AGI, and allow it to keep dominating advertising. To furnish that team, this month Meta has tried to poach more than 45 AI researchers from OpenAI alone, The New York Times reports, offering starting packages as high as $100 million apiece. Already the social media behemoth has hired at least four OpenAI researchers, including Trapit Bansal, as well as Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai.

“At least, so far, none of our best people have decided to take them up on that,” OpenAI CEO Sam Altman had said earlier this month.

The Verge reports that at an internal all-hands meeting held this week at Meta, its employees had questions about these reported $100 million offers that Altman had described on a podcast, which executives tried to play down:

“Sam is just being dishonest here,” Andrew Bosworth, Meta’s CTO, said at the meeting when asked about Altman’s remarks. “He’s suggesting that we’re doing this for every single person… Look, you guys, the market’s hot. It’s not that hot.”

Meta leadership has even floated “de-investing” from Meta’s Llama and instead embracing AI models from competitors including OpenAI, according to NYT, though they haven’t made any final decisions yet.

Meta, of course, has been using its deep pockets to get non-OpenAI talent. That includes its $14 billion investment in Scale AI and its founder, Alexandr Wang, and hiring people from companies like Google, Sesame, and Safe Superintelligence.

Meta is also talking with AI voice startup PlayAI for a potential company and talent acquisition.

Low-engagement Llama?

Meta has boasted publicly about having 1 billion Meta AI users — the magic number it waits to hit before monetizing new products. The company has been spreading its AI all over its products, and only released a stand-alone “Meta AI” app a few months ago. But new details emerging from Meta executives raise some red flags about how many people are actually using it.

According to a report from The Verge on this week’s all-hands meeting at Meta, it may be less than they are saying publicly:

“Bosworth wasn’t the only Meta exec to mention OpenAI during the internal meeting. CPO Chris Cox also acknowledged that, while Meta AI has one billion monthly users, engagement ‘is not nearly as deep as the way that people are using ChatGPT.’ The standalone Meta AI app has only 450,000 daily users, he told employees, and ‘a lot of those folks’ are using it to manage their Ray-Ban Meta glasses.”

Cox also reportedly said at the meeting that they weren’t chasing AI-powered productivity tools like Google, Anthropic, and OpenAI, but would focus on “entertainment, on connection with friends, on how people live their lives, on all of the things that we uniquely do well.”

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Elon Musk runs an AI startup — now, so does Jeff Bezos, as he launches Project Prometheus

Jeff Bezos, the third richest man in the world and the founder of Amazon, a company increasingly focused on AI, has created a new AI startup of which he will be co-CEO, according to The New York Times. The new venture, Project Prometheus, aims to use AI to engineer and manufacture automobiles and spacecraft. It also sounds quite a bit like Elon Musk’s AI startup xAI.

Musk, the richest man in the would and the CEO of Tesla, a company increasingly focused on AI, also leads his AI startup and is increasingly working on integrating its technology into his vehicle and space companies.

Musk’s space company is SpaceX, while Bezos’s is called Blue Origin. Musk owns social media company X, formerly Twitter, which is now part of xAI. Bezos owns media company The Washington Post. Bezos also has invested in an EV company, Slate Auto, which some see as a “Tesla killer.” Got it?

In other words, Bezos and Musk remain engaged in a billionaire version of “keeping up with the Joneses.”

tech

FT says Apple’s CEO could step down as soon as 2026, Bloomberg disagrees

Late Friday, the Financial Times reported that Apple CEO Tim Cook, a 65-year-old who’s led the company for nearly 15 years, could be stepping down as early as next year. On Saturday, Bloomberg’s Mark Gurman, whose Apple reporting is considered gospel by many, pooh-poohed that timeline, saying that while Apple is readying succession plans, “I don’t get the sense anything is imminent as the @FT is claiming.”

Both the FT and Bloomberg have reported that Apple’s hardware chief John Ternus is likely next in line.

The stock is down about 1% premarket, as investors contemplate what Apple, which recently posted a superlative earnings report last quarter, would be like without its longtime supply chain guru.

tech
Rani Molla

Tesla is back in the negative this year

After falling more than 6% yesterday in its biggest drop since July, Tesla is once again in negative territory for the year. Elon Musk’s company posted record earnings last month, buoyed by pulled-forward demand tied to the final quarter of US federal EV tax credits, but its margins slipped as steep discounts were used to clear inventory.

Now the stock, which only turned positive for the year in September, is under renewed pressure amid a broader tech and AI sell-off, as investors grow concerned that the Federal Reserve may pause its rate-cutting cycle. Adding to the drag are soft sales in Tesla’s second-largest market, China, and news that longtime bull Cathie Wood’s Ark Invest unloaded roughly $30 million in shares this week.

tech
Rani Molla

Meta overhauls Marketplace with AI insights and collaborative shopping

Meta announced Thursday that it’s giving its buy-and-sell platform, Marketplace — arguably the best part of Facebook and the most appealing to young people — a “glow up.” Each day in the US and Canada, one out of four Facebook daily active young adult users go to Marketplace, according to Meta. The overhaul includes the ability to create collections of listings you can share with friends or the public.

The site will also offer AI suggestions on what to ask sellers about your potential purchase. Unfortunately for all involved, the much-hated, easy-to-accidentally-press default message to sellers — “Hi, is this available” — remains unchanged.

Most promising, to us, for comedic purposes: “You can now react and comment directly on Marketplace listings, helping others learn about item quality and discover unique finds.”

The site will also offer AI suggestions on what to ask sellers about your potential purchase. Unfortunately for all involved, the much-hated, easy-to-accidentally-press default message to sellers — “Hi, is this available” — remains unchanged.

Most promising, to us, for comedic purposes: “You can now react and comment directly on Marketplace listings, helping others learn about item quality and discover unique finds.”

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