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Meta’s all-star “Superintelligence” team takes shape
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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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Intel romps amid reported attempt to poach a 21-year Taiwan Semiconductor veteran

A report in the Taiwanese press that Intel is attempting to recruit a recently retired top Taiwan Semiconductor executive, Wei-Jen Lo, to lead R&D at Intel’s troubled foundry division may account for the bump in Intel shares Tuesday, one analyst told us.

A synopsis of the report from technology analysis and news outlet TrendForce News notes:

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

Sunny blue sky with large storm clouds in spring.

This earnings season, all eyes are on cloud revenue growth

AI computing demand is generating huge revenue streams for hyperscalers, but the market is closely watching the pace of growth, which is slowing.

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Nokia surges as Nvidia invests $1 billion in company, a 2.9% stake

Nvidia is taking a 2.9% stake in Nokia, as the Finnish mobile networking company has successfully pivoted to AI and data center technology.

In a press release announcing the deal, Nokia said:

“Nokia intends to accelerate development of Nokia’s 5G & 6G RAN software to run on NVIDIA’s architecture and will make investments to drive Nokia’s strategic goal of increasing its presence in the AI & Cloud market with data center aligned networking solutions within its Network Infrastructure business. Nokia and NVIDIA have agreed to collaborate on AI networking solutions and explore opportunities to incorporate Nokia’s data center switching and optical technologies in NVIDIA’s future AI infrastructure architecture.”

Nokia’s stock shot up over 20% on news of the deal.

“Nokia intends to accelerate development of Nokia’s 5G & 6G RAN software to run on NVIDIA’s architecture and will make investments to drive Nokia’s strategic goal of increasing its presence in the AI & Cloud market with data center aligned networking solutions within its Network Infrastructure business. Nokia and NVIDIA have agreed to collaborate on AI networking solutions and explore opportunities to incorporate Nokia’s data center switching and optical technologies in NVIDIA’s future AI infrastructure architecture.”

Nokia’s stock shot up over 20% on news of the deal.

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