After Safe Superintelligence, Meta Eyeing To Hire Its CEO

Last week, Meta CEO Mark Zuckerberg made a $14.3 billion investment in Scale AI, emphasizing that he was only starting out.

Summary:

1. Mark Zuckerberg, the CEO of Meta, has made a $14.3 billion investment in Scale AI, a startup focused on artificial general intelligence (AGI).

2. The deal was reportedly made after Meta attempted to purchase Safe Superintelligence earlier this year, which was valued at $32 billion. Both Gross and Friedman will join Meta as part of the acquisition and will work on projects under Wang.

3. Meta will acquire a share in NFDG, while Gross and Friedman will work on projects under Wang.

According to people familiar with the matter, Zuckerberg’s multibillion-dollar AI hiring spree has now expanded to include Daniel Gross, CEO of Ilya Sutskever’s business Safe Superintelligence, and Nat Friedman, former GitHub CEO. But this is not how Zuckerberg intended for a deal to go down.

According to this latest startup news and insiders, Meta attempted to purchase Safe Superintelligence earlier this year, which was allegedly valued at $32 billion during an April funding round.

Did Meta Succeed in Hiring Its CEO?

According to those people who requested not to be revealed, since the info is confidential told that Sutskever, who founded the startup over a year ago after leaving OpenAI, turned down Meta’s attempts, as well as the company’s attempt to hire him.

According to reports, Zuckerberg began bargaining with Gross shortly after the conversation ended. In addition to his job at Safe Superintelligence, Gross co-founded NFDG, a venture capital business named after the initials of both companies.

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According to one source, both men have joined Meta as part of the acquisition and will work on projects under Wang. Meta, meanwhile, will acquire a share in NFDG, according to several sources.

The Information was the first to report on Meta’s intention to hire Gross and Friedman.

Gross, Friedman, and Sutskever did not respond to CNBC’s request for comment.

A representative for Meta said the company “will share more about our superintelligence effort and the great people joining this team in the coming weeks.”

According to this latest startup news, Zuckerberg’s aggressive hiring practices have contributed to an AI talent battle that has recently reached unparalleled levels. Companies such as Meta, Google, and OpenAI, as well as startups, are competing to create powerful language models and achieve artificial general intelligence (AGI), which is equivalent to or better than human intelligence.

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Last week, Meta decided to invest $14.3 billion in Scale AI startup to hire Wang and a few other top developers, while also acquiring a 49% share in the company.

OpenAI CEO Sam Altman said on the most recent edition of his brother’s “Uncapped” podcast that Meta has attempted to entice OpenAI staff by offering signing bonuses of up to $100 million, as well as significantly higher yearly remuneration packages. According to Altman, “not a single one of our best people has decided to take them up on that.”

Meta declined to respond to a request for comment on Altman’s statements.

According to this latest startup news, OpenAI, for its part, went to similar lengths, spending over $6.5 billion to hire iPhone designer Jony Ive and acquire his fledgling device business io.

Additionally, the founders of the AI startup Character. Last year, Google retained AI in a multibillion-dollar deal, and Microsoft acquired DeepMind co-founder Mustafa Suleyman for $650 million from Inflection AI.
Zuckerberg has hired Gross, a long-time entrepreneur and AI investor. Gross invented the search engine Cue, which Apple acquired in 2013.

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