The Zuck Tries to Catch Em All

Meta spends big trying to capture top AI Talent

Long time no see.

It has been a whirlwind adventure trying to get new business ventures stood up in both the US and Thailand.

I hope your spring, and now summer have been going well.

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The Zuck Tries to Catch Em All

TL;DR: Mark Zuckerberg is trying to build an AI super team to create superintelligence.

Meta for years has struggled to create products internally that capture market share. They have mostly benefited from acquiring companies and then positioning them into the broader Meta portfolio to help them grow. Most notably with Instagram.

Their own AI offerings have struggled to capture market share, with Llama being rated well behind other competing platforms. Meta has offered eight-figure salaries to some of the best AI talent on the market. They also recently acquired a 49% stake in Scale.AI in order to acqui-hire the CEO. Will this work? TBD. Based off history, the answer is seemingly no.

The founder of Instagram left. The founder of Oculus left. How long this super team can stick around and potentially not get frustrated remains to be seen.

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