Explore the latest news, in-depth reports, and executive analysis tagged with #Mark Zuckerberg.
A simple way to look at it is: Meta may have finally found a way to monetize WhatsApp; Cred gets fresh capital; and Kunal Shah gets a global role. But is that really the whole story?
This move reflects broader industry trends, as tech companies compete to build advanced cloud systems capable of supporting generative AI technologies.
Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.
As part of the deal, Meta will use Google Cloud's infrastructure, including computing servers, data storage systems, and networking capabilities.
This hiring freeze comes after the company aggressively recruited over 50 AI researchers and engineers to bolster its capabilities in the competitive AI landscape.
One senior researcher was offered an eye popping over $1 billion package over several years.
The Meta Superintelligence Labs was announced in June as a specialized division bringing together leading researchers and engineers in artificial intelligence.
The first facility named Prometheus is expected to become operational in 2026.
The team will operate under Johan Schalkwyk, a recent Meta hire, who previously led voice AI company Sesame AI.
Ruoming Pang had joined Apple in 2021 and in his current role was leading the foundation model team at the tech giant.
