Overview
- Meta confirmed the recruitment of at least seven OpenAI employees, Scale AI CEO Alexandr Wang and engineers from Anthropic and Google to staff its new superintelligence lab.
- In mid-June Meta invested more than $14 billion to acquire a 49% stake in Scale AI to secure data-training capabilities.
- Llama 4, launched in early April, has consistently lagged behind leading AI models in independent benchmarks from LMArena.
- OpenAI has boosted salaries and offered higher sign-on incentives to counter Meta’s aggressive talent poaching.
- Institutional investors have voiced concern that Meta’s aggressive AI spending could strain its cash flow and capital management.