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Sunday, 29 June 2025
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Meta’s Zuckerberg has to win AI after billions spent on ‘dream team’

Meta’s Zuckerberg has to win AI after billions spent on ‘dream team’

Mark Zuckerberg, Chief Executive Officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, September 25, 2024.

Bloomberg | Bloomberg | Getty images

When? Mark Zuckerberg He feels heat, he opens his wallet.

41 -year -old Facebook founder and Meta The CEO is in a race to spend a spending, such as in an attempt to put its company at the forefront of Artificial Intelligence Boom and is ready for expensive mistakes recently in a market that is rapidly revolutionizing the business world.

Last week’s stunning $ 14.3 billion Scale AI, which brought it with meta Startup founder, Alexandra Wang RecruitmentAnd a small group of its top employees, Meta, now planned to appoint former Github CEO Nut Freedman and his business partner, Daniel Gros, who was the CEO of $ 32 billion AI Startup Saf Superintendent, CNBC. To reportD this week.

Meta first tried to buy a safe superintendent, which was launched by OpenAII co-founder Ilya Sutaskewar a year ago, sources told CNBC. According to other sources, the meta was interacting to buy first Specialty AIThe value of which was $ 14 billion in a funding round in May. Those who spoke to CNBC asked not to be nominated due to privacy about various dealing tasks.

Zuckerberg told investors at the top of the most recent top Earning call In April, “Major topics right now, of course, AI how we are changing everything.” At the same time, Meta reflected its capital expenditure range for the year between $ 60 billion and $ 65 billion between $ 60 billion and $ 65 billion to reflect more data center investment in AI and potentially high hardware costs and reflect its capital expenditure range and potentially high hardware costs for the year.

What Zuckerberg did not say is that he was about to start to get out the cash mound to rebuild his AI organization.

“Mark Zuckerberg is in the founder mode and is not being stopped,” Gill Luria, an analyst from DA Davidson, said in an interview with CNBC’s “Money Movers” on Friday. Luria has a purchase rating on stock, but to win in AI, Meta needs to succeed with the next round, with the Dream Team what they are building. ,

In Meta, AI is being embedded for attempting to manufacture Metavors, from its main online advertising unit and Instagram algorithms in the company. Better AI models and technology advertise advertisements increase the company’s existing business by improving targeting and reducing costs.

However, the creation of the fundamental model used by the vast community of developers – where the company competes with the company GoogleOpeni, anthropic and others – that is where meta is seen as a lagard by many people.

The unique open-source approach of the meta is built around the Lama family of the model. Its most recent update in April, Lama 4AI ModelWas not well received by developers. At that time, Meta released only two small versions of Lama 4 and stated that it would eventually release a large and more powerful “Bhamoth” model.

Referring to Zuckerberg, Luria said, “A year ago on a successful rollout of Lama 3, Luria, while referring to Zuckerberg, said that there was a complete failure this year.” “Meta may not fail to be a major AI model. So they are out in the market, who are trying to change their AI team right now.”

Meta did not respond to the remarks request for this story.

Crowd for developers

Lana on Scale AI’s Wang was Zuckerberg’s most headline-hathayana move. While the Meta is getting 49% stake in the startup, the real award of Zuckerberg was hiring Wang in the deal, which was a dropout from the Massachusetts Institute of Technology that launched its company at the age of 19.

Zuckerberg then attracted his attention to Githib’s Freedman and Gross, who are investing together in their venture firm NFDGThey will work on products under Wang, a source familiar with the case on Thursday to CNBC. Meta, meanwhile, according to several sources, will get a stake in NFDG.

A Meta spokesperson did not comment on the employed higher and said that the company would share more about our superintendent efforts and the great people who join this team in the coming weeks. “

All the recruitments of Zuckerberg do not have billions of dollars. Some are tens or hundreds of million. This is according to the CEO of Openai Sam Altman,

Altman Said On the latest episode of “”Unaccounted“Podcast, which hosts his brother, has tried to sign the bonus, with large annual compensation packages, by offering high -level bonuses to openiAI employees as $ 100 million.

“I heard that Meta thinks us as his biggest contestant,” Altman said on podcast. “Their current AI efforts have not worked and at the same time they hope and I respect to be aggressive and try new things.”

See the complete interview of CNBC with Meta CTO Andrew Bosworth

Andrew Bosworth, head of Meta Technology, told CNBC’s “Closing Bell overtime” on Friday that Altman was combating proposals.

Bosworth, who joined the Meta in 2006, said, “The market is determining a rate for the level of talent, which is really incredible and unprecedented in my 20 -year career as a technology executive.”

Wall Street is mostly giving Zuckerberg the benefit of doubt, for now. Meta’s shares were flat this week after slipping around 2% last week. The shares for the year are still 17% above the NASDAQ and the company’s megacap peers.

ARGUS analysts maintained the recommendation of their purchase on stock this week and shared their price target from $ 725 per share to $ 790 per share. The stock closed at $ 682.35 on Friday.

Argus analysts wrote, “The company’s ability to capitalize on Jeanai Advance in advertising is a particularly relevant opportunity to run advertising expenses, the company’s life.”

Da Davidson’s Luria said that Zuckerberg has put more pressure on himself to convert Meta into a long -term AI leader, but he said he would not bet against him.

Luria said: “The last time Mr. Zuckerberg felt as if he was under the gun,” Fragling Instagram For $ 1 billion, a deal that set a platform for Facebook to become a prominent player in mobile.

It was in 2012, the way Facebook was about to hit the public market. Luria also exposed Zuckerberg’s controversial WhatsApp purchases $ 19 billion Two years later. He sees the CEO of Meta making bold bets equally in AI.

“He is going to rebuild the team and he is going to come back,” Luria said.

– Kate Roney and Jonathan Vanian of CNBC contributed to this report.

Watch: Meta contacted Perplexity AI before AI deal on a large scale

Meta contacted seriously before AI deal largely

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