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4 minutes ago
- Yahoo
Meta names ChatGPT co-creator as chief scientist of Superintelligence Lab
By Echo Wang NEW YORK (Reuters) -Meta Platforms has appointed Shengjia Zhao, co-creator of ChatGPT, as chief scientist of its Superintelligence Lab, CEO Mark Zuckerberg said on Friday, as the company accelerates its push into advanced AI. "In this role, Shengjia will set the research agenda and scientific direction for our new lab working directly with me and Alex," Zuckerberg wrote in a Threads post, referring to Meta's Chief AI Officer Alexandr Wang, who Zuckerberg hired from startup Scale AI when Meta took a big stake in it. Zhao, a former research scientist at OpenAI, co-created ChatGPT, GPT-4 and several of OpenAI's mini models, including 4.1 and o3. He is among several researchers who have moved from OpenAI to Meta in recent weeks, part of a broader talent arms race as Zuckerberg aggressively hires from rivals to close the gap in advanced AI. Meta has been offering some of Silicon Valley's most lucrative pay packages and striking startup deals to attract top researchers, a strategy that follows the underwhelming performance of its Llama 4 model. Meta launched the Superintelligence Lab recently to consolidate work on its Llama models and long‑term artificial general intelligence ambitions. Zhao is a co-founder of the lab, according to the Threads post, which operates separately from FAIR, Meta's established AI research division led by deep learning pioneer Yann LeCun. Zuckerberg has said Meta aims to build 'full general intelligence' and release its work as open source — a strategy that has drawn both praise and concern within the AI community.
Yahoo
16 minutes ago
- Yahoo
Meta names Shengjia Zhao as chief scientist of AI superintelligence unit
Meta CEO Mark Zuckerberg announced Friday that former OpenAI researcher Shengjia Zhao will lead research efforts at the company's new AI unit, Meta Superintelligence Labs (MSL). Zhao contributed to several of OpenAI's largest breakthroughs, including ChatGPT, GPT-4, and the company's first AI reasoning model, o1. 'I'm excited to share that Shengjia Zhao will be the Chief Scientist of Meta Superintelligence Labs,' Zuckerberg said in a post on Threads Friday. 'Shengjia co-founded the new lab and has been our lead scientist from day one. Now that our recruiting is going well and our team is coming together, we have decided to formalize his leadership role.' Zhao will set a research agenda for MSL under the leadership of Alexandr Wang, the former CEO of Scale AI who was recently hired to lead the new unit. Wang, who does not have a research background, was viewed as a somewhat unconventional choice to lead an AI lab. The addition of Zhao, who is a reputable research leader known for developing frontier AI models, rounds out the leadership team. To further fill out the unit, Meta has hired several high-level researchers from OpenAI, Google DeepMind, Safe Superintelligence, Apple, and Anthropic, as well as pulling researchers from Meta's existing Fundamental AI Research (FAIR) lab and generative AI unit. Zuckerberg notes in his post that Zhao has pioneered several breakthroughs, including a 'new scaling paradigm.' The Meta CEO is likely referencing Zhao's work on OpenAI's reasoning model, o1, in which he is listed as a foundational contributor alongside OpenAI co-founder Ilya Sutskever. Meta currently doesn't offer a competitor to o1, so AI reasoning models are a key area of focus for MSL. The Information reported in June that Zhao would be joining Meta Superintelligence Labs, alongside three other influential OpenAI researchers — Jiahui Yu, Shuchao Bi, and Hongyu Ren. Meta has also recruited Trapit Bansal, another OpenAI researcher who worked on AI reasoning models with Zhao, as well as three employees from OpenAI's Zurich office who worked on multimodality. Zuckerberg has gone to great lengths to set MSL up for success. The Meta CEO has been on a recruiting spree to staff up his AI superintelligence lab, which has entailed sending personal emails to researchers and inviting prospects to his Lake Tahoe estate. Meta has reportedly offered some researchers eight- and nine-figure compensation packages, some of which are 'exploding offers' that expire in a matter of days. Meta has also upped its investment in cloud computing infrastructure, which should help MSL conduct the massive training runs required to create competitive frontier AI models. By 2026, Zhao and MSL's researchers should have access to Meta's 1 gigawatt cloud computing cluster, Prometheus, located in Ohio. Once online, Meta will be one of the first technology companies with an AI training cluster of Prometheus' size — 1 gigawatt is enough energy to power more than 750,000 homes. That should help Meta conduct the massive training runs required to create frontier AI models. With the addition of Zhao, Meta now has two chief AI scientists, including Yann LeCun, the leader of Meta's FAIR lab. Unlike MSL, FAIR is designed to focus on long-term AI research — techniques that may be used five to 10 years from now. How exactly Meta's three AI units will work together remains to be seen. Nevertheless, Meta now seems to have a formidable AI leadership team to compete with OpenAI and Google. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
34 minutes ago
- Yahoo
401(k): What the Average Person in Their 30s Has Saved
With financial literacy growing at an exponential rate, people aren't waiting to start thinking about their retirement. Without the security of a company-sponsored pension, most Americans contribute to things like a 401(k) to ensure they have enough funds to live off once they quit their 9-to-5. Read More: Learn More: According to a survey conducted by Northwestern Mutual, Americans believe they will need approximately $1.26 million to retire comfortably. Unfortunately, their savings may not be enough to cover this bold number. Here is how much the average person in their 30s has saved and what you can do to help boost your retirement funds if you are falling short of your goal. Average 401(k) for People in Their 30s Recent data from Fidelity shows that the average 401(k) savings for people ages 30 to 34 was $44,800 at the end of the first quarter of 2025, CNBC reported. The average 401(k) balance for individuals aged 35 to 39 was $71,400 during the same period. The data was based on Fidelity's quarterly analysis of over 50 million retirement accounts. Check Out: How This Year's 401(k) Balances Compare With 2024's Overall, market volatility at the beginning of the year left some balances short of their 2024 levels. According to data provided by Fidelity, 401(k) balances for individuals in their 30s decreased by approximately 2% in the first quarter. The good news, as highlighted by the investment company, is that savings rates remained consistent. How Much Should Someone in Their 30s Have Saved? Fidelity suggests that a person should have one year's salary saved by the time they are 30. By age 40, the global financial services company advises that a person should have three times their annual salary saved. Current 401(k) account balances indicate that individuals in their 30s may be significantly short of these recommendations. However, many savvy investors have other retirement accounts, such as IRAs or Roth IRAs, that may better align their savings with expert suggestions. What To Do To Boost Retirement Savings Millennials were skeptical whether they had saved enough, according to Northwestern Mutual's 2025 Planning & Progress Study, with 57% saying they were somewhat likely or very likely to outlive their savings. Fortunately, there are several options available to 30-year-olds hoping to boost retirement savings. The financial experts at Charles Schwab recommend that individuals in their 30s and 40s strive to cut back where possible, particularly in the face of competing interests. While many millennials are well into their careers, they are also paying back student loans and raising families. Retirement savings may be on the back burner, but they should not be out of the picture. Putting more money into investment accounts, even small amounts, can help boost retirement savings exponentially, especially during this critical decade. As income increases, the experts at Charles Schwab encourage individuals in their 30s and 40s to refrain from excessive spending and instead focus on investing. They recommend funding savings first and contributing to a tax-advantaged IRA if they have maxed out their 401(k) contributions. Finally, the financial services company also said individuals should avoid borrowing from their 401(k). Even if the amount is paid back with interest, it would not compensate for the growth that could have occurred. More From GOBankingRates 10 Cars That Outlast the Average Vehicle This article originally appeared on 401(k): What the Average Person in Their 30s Has Saved Sign in to access your portfolio
