Yann LeCun, Meta's chief AI scientist and Turing Award winner, is reportedly planning to leave Meta in the coming months to start his own company focused on world models. His departure comes amid Meta's organizational re...
Meta is cutting approximately 600 jobs from its superintelligence lab as part of an ongoing reorganization effort aimed at streamlining decision-making processes. The company's chief AI officer stated that reducing team...
Oracle is reportedly raising $15 billion through corporate bond sales, potentially including a rare 40-year bond. This fundraising comes weeks after Oracle signed a massive $300 billion AI compute deal with OpenAI and is...
Meta has launched the American Technology Excellence Project, a super PAC investing "tens of millions" of dollars to fight state-level AI regulation and elect tech-friendly politicians in upcoming midterm elections. The...
TechCrunch's Equity podcast discusses recent developments in AI, robotics, and regulation, with particular focus on Meta's augmented reality initiatives and California's renewed AI safety efforts. The episode covers majo...
Meta's $14.3 billion investment in Scale AI is showing signs of strain just two months after the partnership began, with key executives departing and Meta's TBD Labs preferring competitors like Surge AI and Mercor for da...
OpenAI is requesting court intervention to compel Meta to provide evidence related to potential coordination with Elon Musk and xAI regarding a $97 billion unsolicited takeover bid of OpenAI made in February. The legal f...
Meta has officially reorganized its AI division into a new structure called Meta Superintelligence Labs (MSL), comprising four groups focused on foundation models, research, product integration, and infrastructure. The r...
Canadian AI startup Cohere has hired Joelle Pineau, Meta's former VP of AI research who helped develop Llama models, as its new Chief AI Officer to revamp its AI strategy. The hire comes as Cohere seeks $500 million in f...
Meta is reportedly offering compensation packages exceeding $1 billion over multiple years to attract top AI talent, with CEO Mark Zuckerberg personally recruiting from startups like Mira Murati's Thinking Machines Lab....
