Tech
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Jon Keegan

Report: Meta is staffing up a “superintelligence” lab to win the race to AGI

Mark Zuckerberg is putting a team together.

The Meta CEO is not happy with where his company stands in the race for AGI (artificial general intelligence), the loosely defined goal of creating an AI that is better than humans at most tasks, per a report from Bloomberg.

Meta’s Llama 4 AI model has sort of stumbled out of the gate. It suffered from delays, accusations of rigged benchmarks, and the company has yet to release the large, flagship version of the model dubbed “Behemoth.”

According to the report, Zuckerberg is deep in “founder mode” and is personally reaching out to recruit a superstar team of AI developers. The New York Times reports that Zuckerberg is offering candidates “seven- to nine-figure compensation packages” and is trying to poach OpenAI and Google employees.

The plan is to build out a “superintelligence” team of about 50 people, and Zuckerberg plans to sit near them in the office, a sign of the importance of the effort. The team’s mission: to reach AGI before leading competitors, which Zuckerberg thinks will give Meta the edge.

A key member of the team will be Alexandr Wang, the founder and CEO of Scale AI, which just received an investment from Meta that could exceed $10 billion, the largest external investment Meta has made, Bloomberg reports. Scale AI provides armies of human workers to help generate training data, fine-tune models, and label images for customers.

Scale AI was the subject of a Department of Labor investigation looking into allegations of employees being underpaid and misclassified as contractors, which was recently dropped. Like Zuckerberg and other tech moguls, Wang was in attendance at President Trump’s inauguration.

Meta’s Llama 4 AI model has sort of stumbled out of the gate. It suffered from delays, accusations of rigged benchmarks, and the company has yet to release the large, flagship version of the model dubbed “Behemoth.”

According to the report, Zuckerberg is deep in “founder mode” and is personally reaching out to recruit a superstar team of AI developers. The New York Times reports that Zuckerberg is offering candidates “seven- to nine-figure compensation packages” and is trying to poach OpenAI and Google employees.

The plan is to build out a “superintelligence” team of about 50 people, and Zuckerberg plans to sit near them in the office, a sign of the importance of the effort. The team’s mission: to reach AGI before leading competitors, which Zuckerberg thinks will give Meta the edge.

A key member of the team will be Alexandr Wang, the founder and CEO of Scale AI, which just received an investment from Meta that could exceed $10 billion, the largest external investment Meta has made, Bloomberg reports. Scale AI provides armies of human workers to help generate training data, fine-tune models, and label images for customers.

Scale AI was the subject of a Department of Labor investigation looking into allegations of employees being underpaid and misclassified as contractors, which was recently dropped. Like Zuckerberg and other tech moguls, Wang was in attendance at President Trump’s inauguration.

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Amazon closes at all-time high

Fresh off strong earnings Thursday, Amazon saw its stock price end the week at a record closing high of $244.22.

The stock is up 10% so far this year.

The e-commerce and cloud giant beat analysts’ revenue and earnings, and its massive gain was responsible for more than all of the positive return delivered by the SPDR S&P 500 ETF on Friday.

tech

Google uses an AI-generated ad to sell AI search

Google is using AI video to tell consumers about its AI search tools, with a Veo 3-generated advertisement that will begin airing on TV today. In it, a cartoonish turkey uses Google’s AI Mode to plan a vacation from its farm before it’s eaten for Thanksgiving.

Like other AI ad campaigns that have opted to depict yetis or famous artworks rather than humans, Google chose a turkey as its protagonist to avoid the uncanny valley pitfall that happens when AI is used to generate human likenesses.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

tech
Rani Molla

Amazon, Alphabet, Meta, and Microsoft combined spent nearly $100 billion on capex last quarter

The numbers are in and tech giants Amazon, Alphabet, Meta, and Microsoft spent a whopping $97 billion last quarter on purchases of property and equipment. That’s nearly double what it was a year earlier as AI infrastructure costs continue to balloon and show no sign of stopping. Amazon, which reported earnings and capital expenditure spending that beat analysts’ expectations yesterday, continued to lead the pack, spending more than $35 billion on capex in the quarter that ended in September.

Note that the data we’re using here is from FactSet, which strips out finance leases when calculating capital expenditures. If those expenses were included the total would be well over $100 billion last quarter.

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