US EditionMeta puts the brakes on its massive AI talent spending spree, WSJ reports
Meta halted AI hiring after onboarding over 50 engineers during a shakeup prompted by underperformance of its Llama models, aiming to restructure for improved AI focus and efficiency.
- Meta has reportedly frozen hiring for its artificial intelligence teams amid a broader restructuring.
- This comes after Meta made high-priced offers and acquisitions in the AI field, including acquiring a 49% stake in Scale AI for $14.3 billion.
- The pause is seen as a move to assess new talent and determine if they can achieve desired breakthroughs before further investment.
24 Articles
24 Articles
Meta freezes AI hiring, calls it ‘basic organisational planning’
Meta Platforms has paused hiring in its artificial intelligence division after bringing on more than 50 researchers and engineers, the Wall Street Journal reported on Wednesday. The move comes amid growing global concerns that investment in AI is moving too fast. In July, Meta’s Mark Zuckerberg had pledged hundreds of billions for AI data centres in a “superintelligence push”. The social media giant is among the large tech companies that have st…
After an expensive set-up wave, Meta stops his aggressive AI recruitment for the time being - even team changes are blocked. Analysts are worried about the billions of dollars in the race for AI top forces.
The company that controls Facebook, Instagram and WhatsApp is entering a reorganization phase, amid concerns about excessive investment in the AI sector.
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