Meta's stock hits a record high as Mark Zuckerberg goes on an AI hiring spree

The company has poached several AI researchers from OpenAI after investing in AI startup Scale AI and hiring its chief executive

2 AI Stocks Shaking Up the Industry Today

Meta Platforms Inc (NASDAQ:META) stock hit a record high of $747.90 today, after news that the tech giant ramped up its artificial intelligence (AI) efforts.

Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz

Meta shares hit a record high on Monday, underscoring investor interest in the company's new AI superintelligence group. The company's shares reached $747.90 during midday trading, topping Meta's p...

Prediction: This Artificial Intelligence (AI) Stock Could Be the Next Nvidia -- and It's Not What You Think

Since OpenAI released ChatGPT to the world on Nov. 30, 2022, shares of semiconductor powerhouse Nvidia (NVDA 1.74%) have risen by 818% (as of June 26). To put that another way, over the last two an...

Meta: Seizing A Golden Opportunity

Meta's AI strategy looks well-rounded as the company successfully balances between internal R&D, CapEx, talent acquisition, and M&A. Meta's financial strength is evident in its fortress-like balanc...

Meta reportedly hires four more researchers from OpenAI

Looks like Meta isn't done poaching talent from OpenAI.

Meta hires four more OpenAI researchers, The Information reports

Meta Platforms is hiring four more OpenAI artificial intelligence researchers, The Information reported on Saturday.

Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg Goes All-In On AI

Meta (NASDAQ: META) is aggressively ramping up AI efforts by investing $15 billion in Scale AI and personally recruiting a top-tier “super intelligence” team, signaling a strategic push to catch up...

Meta Won Its AI Fair Use Lawsuit, but Judge Says Authors Are Likely 'to Often Win' Going Forward

Meta's victory came two days after Claude maker Anthropic won a similar case.

This Growth Stock Has Soared 8x Over the Last 10 Years -- and It's Still a Screaming Buy

What would you consider to be an attractive return on investment? Fifteen percent annual returns?

Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses'

Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million “signing bonus,”...

Meta buys over 1 GW of renewables to power its data centers

Meta bolstered its already considerable renewable power portfolio this week with string of deals that added over 1 gigawatt of generating capacity.

Meta in talks to acquire voice cloning startup Play AI

Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI...

Exclusive: Meta says EU antitrust regulators are discriminating against its business model

Meta Platforms on Friday criticised EU antitrust regulators for moving the goalpost as the U.S. company seeks to comply with an order targeting its pay-or-consent business model.

Mark Zuckerberg Ramps Up Meta's A.I. Spending as Competition Heats Up

Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy in the contest to invent a hypothetical “superintelligence.


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