Check out selected business news and articles related to the Webinars and high-tech industries.
AI Wars:
Meta offering $100 million pay packages to top AI researchers (June 22, 2025)
"Meta’s struggles to develop cutting-edge artificial-intelligence technology"
Mark Zuckerberg personally recruits top names in AI and "has offered $100 million packages to some people.". "He has tried to recruit OpenAI co-founder John Schulman and Bill Peebles, the co-creator of OpenAI’s Sora video generator [...] Neither of them have joined."
Meta poached three OpenAI researchers (June 25, 2025)
Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai, who were all working in OpenAI’s Zurich office, moved to Facebook.
"Meta plans to spend up to $65 billion on capital expenditures this year" (!)
"Some AI researchers have turned down the Meta CEO, and in several cases, OpenAI has counter offered, giving its researchers more money and scope to stay."
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