Overview

• Meta is continuing to allocate billions in an aggressive recruitment drive to attract leading generative AI researchers
• Lucas Beyer and other new hires have refuted reports that they received $100 million signing bonuses from Meta
• Former OpenAI scientists and Scale AI founder Alexandr Wang have joined Meta’s superintelligence unit after its over $14 billion investment in Scale AI
• The latest Llama model trailed rival systems in code-writing benchmarks, underscoring the need for improved performance
• Institutional investors have raised concerns about Meta’s cash flow and the sustainability of its high spending on AI talent