Meta reportedly plans big new AI hires
Why it matters: This would be the second time this month that Meta has poached the top exec of an AI decacorn, as Gross currently serves as CEO of Safe Superintelligence.
Unlike the recent deal with Scale AI and Alexandr Wang, this one seems contentious. CNBC reports that Meta recently tried to acquire Safe Superintelligence but was rebuffed by founder Ilya Sutskever.
Safe Superintelligence recently was valued at $32 billion in a Greenoaks-led round that also included Nvidia, Lightspeed, a16z, Alphabet, and DST Global.
As we discussed in March 2024, this generation of AI founders seems unusually willing to leave their startups for incumbents.
Zoom in: Meta, which has never had a corporate venture fund, would buy out limited partners in NFDG, per The Information.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
21 minutes ago
- Entrepreneur
Ex-Meta Staff Says Software Engineers Make 3 Common Mistakes
Meta's former "coding machine" says that software engineers often make the same mistakes that can hurt their careers — and they can be applied to every profession. Software engineers are likely making a few common mistakes that prevent them from advancing in their careers, says a former Meta senior staff engineer — and these mistakes are general enough to apply to any job. Michael Novati, an engineer who spent eight years at Meta and earned the nickname "Coding Machine" after being the top code committer company-wide for several years, told "The Peterman Pod" that there are three common mistakes engineers and other professionals make that prevent them from moving forward in their careers. Novati, who now works at a remote software engineering fellowship program, Formation, as its chief technology officer, said one problem is "thinking too much" and "not doing enough." Novati said that oftentimes developers come to him to ask for advice or questions without first "turning the gears" and writing code to address the problem. "Step one is do something, just do anything," Novati told "The Peterman Pod." Related: 'It's Laughable': Okta's CEO Says AI Won't Replace Software Engineers Despite Other Tech Leaders' Predictions The second mistake Novati identified is not asking "the right people" for feedback, or not going to "respected people" or "people who have that experience and taste and judgement" for advice on how to improve. He gave the example of his days at Meta, when he was writing so much code that his manager spent all day reviewing it. His manager was the respected person Novati turned to for feedback, because his manager had the "judgement and taste" that Novati aspired to have. The third mistake, which Novati admitted to making "a lot," was not taking action on feedback and taking it more as a harsh judgment or a pat on the back of approval than a call to action. "My advice to people who are ambitious and who want to get those perfect scores and check off all the boxes is to really reflect on feedback, on how you can improve and try to push your comfort zone there, instead of trying to look at it as a judgment or a grade," Novati said. The end goal is to "write a lot of code," get feedback from experienced people, and "actually [take] action" on the feedback, Novati said. Related: OpenAI Is Creating AI to Do 'All the Things That Software Engineers Hate to Do' As AI advances, software engineers might not have to write as much code as they used to, anyway. Microsoft CEO Satya Nadella said in April that engineers at Microsoft are using AI to generate up to 30% of new code at the company. Google CEO Sundar Pichai stated in the same month that Google was generating "well over 30%" of new code with AI. Meanwhile, Anthropic CEO Dario Amodei predicted in March that AI would take over coding completely for all software engineers within a year. Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.
Yahoo
an hour ago
- Yahoo
Meta delivers eye-popping AI announcement
Meta delivers eye-popping AI announcement originally appeared on TheStreet. Catastrophic forgetting. Don't worry. I am not talking about politics. Catastrophic forgetting is a 'lovely' feature of deep neural networks. They overwrite old knowledge when learning new things. There are different ways to mitigate this, but the problem persists. If this problem were solved, we wouldn't have new papers with new mitigation methods. The most recent one is from July 11, titled "Catastrophic Forgetting Mitigation Through Plateau Phase Activity Profiling." Science still doesn't know how human memory works. I don't even need to discuss different theories about how memories are "stored" in the brain to prove my from a study, Beyond the Pump: A Narrative Study Exploring Heart Memory, should be enough: "Studies indicate that heart transplant recipients may exhibit preferences, emotions, and memories resembling those of the donors, suggesting a form of memory storage within the transplanted organ." What is the next big advancement for AI, artificial hearts? I've already written that there is no intelligence without consciousness, and you can't get consciousness by "building" intelligence. It does not work that way. Alas, I have to admit, forgetting is something that Homo sapiens does have in common with neural networks. Humans forget things too quickly. This is why our civilization works the way it does. Don't get me wrong: I don't hate 'AI'. Google's DeepMind is doing wonderful research on deciphering the way Dolphins communicate, which is a perfect example of how large language models are put to good use. Unfortunately, most companies are super focused on using LLMs to build "real" AI chatbots, which will lead nowhere. One company that has become hellbent on building the best AI in the universe is Meta Platforms. Is Meta panic investing in AI? Don't you hate those horrible buzzwords like quiet quitting, career catfishing, and other cringeworthy horrors of LinkedIn? Well, I have one buzzword for Meta free of charge: panic investing. Meta () thinks the clock is ticking, and some other company might get the holy grail of all tech, such as AGI, superintelligence, or, to be comical, Skynet. Whoever makes that AI will be spared by the Terminators. That is how Meta's investing strategy makes it look. I covered Meta's string of recent investments, which ended with what to me looks like a desperate move. But let's go over that list investment speed shifted gear after Meta invested $14.8 billion in Scale AI and acquired a 49% nonvoting stake. The company poached big AI names like Alexandr Wang, Dr. Jack Rae, voice AI expert Johan Schalkwyk, OpenAI researchers Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai. The desperate move was hiring Apple's executive in charge of AI models, Ruoming Pang. Meta isn't stopping; if anything, it is shifting gears again and investing even more. Zuckerberg can't stand Musk having a bigger supercomputer Mark Zuckerberg posted his plan for superintelligence on Threads and Facebook on Monday. "We're also going to invest hundreds of billions of dollars into compute to build superintelligence. We have the capital from our business to do this," said Zuckerberg in his message. Zuckerberg also said that Meta is building several multi-GW clusters. The first one, Prometheus, is supposed to go online next year. That is an interesting name choice, but it is a bit ominous. At least it isn't Skynet. More AI Stocks: Veteran fund manager raises eyebrows with latest Meta Platforms move Google plans major AI shift after Meta's surprising $14 billion move Analysts revamp forecast for Nvidia-backed AI stock According to Tom's Hardware, Elon Musk's xAI is buying an overseas power plant and shipping it to the U.S. xAI's new data center is supposed to be powered by one million GPUs and up to 2 Gigawatts of power under one roof, which could power almost 2 million homes. It looks like Zuckerberg needed to top this, so he also announced that Meta is building Hyperion, which will be able to scale up to 5GW over several years. So, I guess that will consume power for about 4.75 million homes. Nice, but why stop there? "We're building multiple more titan clusters as well. Just one of these covers a significant part of the footprint of Manhattan," said Zuckerberg. If this pace continues, Meta should announce a supercomputer covering a Rhode Island-sized area before the end of the delivers eye-popping AI announcement first appeared on TheStreet on Jul 15, 2025 This story was originally reported by TheStreet on Jul 15, 2025, where it first appeared. Sign in to access your portfolio
Associated Press
2 hours ago
- Associated Press
World Police Summit Panel Calls for Global Public-Private Alliance to Disrupt Modern Slavery and Human Trafficking
Dubai, United Arab Emirates, July 22, 2025 -- The 2025 World Police Summit hosted a robust panel discussion titled 'The Chains of Control: The Role of Public-Private Cooperation in Eradicating Modern Slavery and the Financial Systems that Fuel It.' With speakers from international law enforcement, finance, NGOs, and cyber investigation, the session highlighted urgent calls for faster collaboration, improved information sharing, and a rethink of existing regulatory frameworks to combat modern slavery. The session was moderated by cyber investigator Michael Roberts (Stingforce, Australia) and featured an esteemed panel: At the heart of the discussion was a shared frustration: organized crime networks move faster than those trying to stop them. Criminals benefit from their decentralized agility, while outdated protocols and siloed communication hinder law enforcement, financial institutions, and regulators. 'Law enforcement is often its own worst enemy,' said Mark Cass, advocating for unrestricted, real-time communication between investigators across borders and sectors. 'We don't need mutual legal assistance treaties just to pick up the phone.' Kevin Metcalf described the human toll of these procedural gaps. 'Every hour's delay could mean another dozen assaults,' he said, recounting how outdated systems, fear of liability, and resource shortages prevent timely rescues. Nina Vaaranen-Valkonen, drawing from a database of over 23,000 survivor responses, reinforced this, warning that online-facilitated abuse has become more harmful than offline exploitation due to scale, permanence, and access. Oonagh Van den Berg pulled back the curtain on the financial system's inefficiencies. 'We've overengineered regulation. Transaction monitoring systems are only 2–8% accurate, and the backlog can be as long as three months. By then, it's too late.' She emphasized the need for AI-driven real-time monitoring, stronger public-private trust, and the simplification of compliance processes. 'Fraud, AML, cybersecurity, and compliance are all working in silos, yet modern financial crime is a blend of all these.' A recurring theme was the need for indemnity protections for institutions that act in good faith to report suspicious activity. Cass pointed out that many banks fear lawsuits from criminal clients more than failing to report the crime itself. 'They're not protecting victims; they're protecting their liability,' he said. The panel shared stories of cross-border operations that saved victims and dismantled trafficking networks, only made possible by rapid information exchange. But they also warned of growing challenges. 'Technology has made every crime a global crime,' said Nina, urging legislation over voluntary reporting from tech platforms. Social media, encrypted messaging apps, and telecom carriers were called out as critical but absent stakeholders. 'We cannot win without Meta, WhatsApp, ISPs, and telecoms at the table,' said Roberts. Closing the session, panelists called for dismantling silos between sectors, disciplines, and jurisdictions. 'We need teams, not departments,' said Cass. 'And above all, we need communication.' The World Police Summit brings together global policing, intelligence, and investigative professionals to exchange expertise, forge collaboration, and shape the future of security and justice. Contact Info: Name: Oonagh van den Berg Email: Send Email Organization: AML Watcher Website: Release ID: 89163031 Should you identify any discrepancies, concerns, or inaccuracies in the content provided in this press release or require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team is committed to addressing your concerns within 8 hours by taking necessary actions to resolve identified issues diligently or guiding you through the necessary steps for removal. Our dedication lies in providing accurate and reliable information.
