Meta CEO Mark Zuckerberg is reportedly approaching multiple high-profile AI startups for potential acquisitions.
Startups approached include Perplexity AI, Runway, Thinking Machines, Safe Superintelligence (SSI), Scale AI, and VC fund NFDG.
Zuckerberg tried to hire OpenAI's employees with signing bonuses up to $100 million, countered by OpenAI CEO Sam Altman.
Meta successfully acquired Scale AI for $14.3 billion and hired Scale AI's CEO, Alexandr Wang, to lead superintelligence efforts.
NFDG will be partially acquired by Meta, with the founders joining and working under Wang.
The recruitment spree aims to enhance Meta's AI capabilities, particularly with its flagship large language model, Llama.
Meta has AI experts like Yann LeCun and Fundamental AI Research (FAIR) but seeks to accelerate advancements by acquiring talent.
Wang, a 28-year-old MIT dropout, co-founded Scale AI and will collaborate with Meta's existing AI team.
Competition for AI talent has intensified, with companies like OpenAI, Google DeepMind, Microsoft, and Anthropic vying for skilled professionals.
Meta aims to integrate advanced AI into its products, powering features in Instagram, WhatsApp, and exploring AI agents for improved customer service and commerce.
The acquisition strategy aligns with Meta's goal of expanding AI capabilities and integrating advanced technology into its platforms.
The renewed focus on AI talent underscores Meta's commitment to accelerate product rollouts and enhance user experiences.
Meta's efforts come amid a competitive landscape with other tech giants also investing heavily in AI research and acquisition endeavors.