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UNBELIEVABLE: 2 | History Defined

Peter Thiel-Backed Fellows' Startup Mercor Targets $10 Billion Valuation As OpenAI, Meta, Tesla Turn To Its AI Training Experts: Report

Mercor, founded by three Thiel Fellows who dropped out of Harvard, is reportedly pursuing a Series C funding round targeting a $10 billion valuation amid surging demand from artificial intelligence companies for specialized training experts.

Benzinga

Cohere says its goal is "ROI not AGI" as it looks to shake underdog status with a key hire from Meta, a new CFO, and a $7 billion valuation

The Toronto startup wants to prove it’s more than a national champion. With former Meta AI exec Joelle Pineau on board and a $7 billion valuation, Cohere is betting that the future of AI is enterprise ROI—not sci-fi 'superintelligence.'

Fortune

Why Scale AI, Perplexity, Miro, Bilt And Mixpanel Are Launching On Framer As It Secures $100 Million Funding At $2 Billion Valuation

Website design platform Framer announced on Aug. 28 a $100 million Series D funding round led by existing investors Meritech and Atomico, valuing the company at $2 billion. The professional website builder has quietly captured major brands including Perplexity, Scale AI, Miro, Bilt, Zapier, and Mixpanel.

Benzinga

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This millennial became a millionaire before turning 30 thanks to early investments in Deliveroo and Revolut—he shares how Gen Z can spot the next startup jackpot

EXCLUSIVE: Martin Mignot made his first millions before turning 30 thanks to investments in the likes of Deliveroo before it became famous. Now, he’s revealing how Gen Z can spot the next unicorn—and cash in early.

Fortune

Mark Zuckerberg Bets Billions On 'Startup Mode' As Meta's Superintelligence Unit Lures Alexandr Wang And Nat Friedman From Top AI Firms

Meta (NASDAQ:META) is reorganizing its artificial intelligence division around compact, high-impact teams as CEO Mark Zuckerberg pushes the company deeper into what he calls "superintelligence labs," Business Insider reported.

Benzinga

Mark Zuckerberg’s millions can’t buy loyalty — AI experts are choosing safety and society over Meta’s money

Meta is seemingly having a hard time keeping its relatively new employees despite multimillion-dollar offers, with several members jumping ship less than a month after joining.

Windows Central

Meta–Scale AI Partnership Sees Signs Of Strain As Key Executive Departs In Just Two Months, Researchers Pick Rivals: Report

The partnership between Meta Platforms Inc. (NASDAQ:META) and Scale AI is reportedly showing signs of strain, with a key executive leaving Meta just two months after the partnership was formed.

Benzinga

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How the World’s 5 Youngest Billionaires Built — or Inherited — Their Empires

Here's how the world's youngest billionaires made their fortunes.

GOBankingRates

These Gen Z and millennial founders dropped out of college, took $200,000 from Peter Thiel, and have now built companies worth over $100 billion

The Thiel fellowship awards $200,000 to young people who skip or leave college to spend two years building a startup, with notable alumni including Figma CEO Dylan Field and Scale AI cofounder Lucy Guo.

Fortune

Why did Meta invest in Scale AI – and how will it change the AI models you use?

What's next for AI training and evaluation after the Scale/Meta deal.

TechRadar

Behind the Meta Scale AI deal: why more data Isn’t always better for physical AI

The backlash to Meta’s $14.3B Scale AI deal reveals a bigger story in the AI world: quality, trust, and precision trump raw volume in Physical AI.

TechRadar

Meta's Pricey Pursuit Of AI Talent Draws Mockery From Musk

Meta Platforms (NASDAQ:META) is shelling out staggering sums to lock in elite AI talent, signaling just how high the stakes are in Silicon Valley's AI race.

Benzinga

Mark Zuckerberg's 'Mafioso' Poaching Style At Meta Sparks AI Talent War — Sam Altman Says 'Bring It On'

Meta Platforms Inc. (NASDAQ:META) has ignited Silicon Valley’s aggressive artificial intelligence talent war through its billion-dollar hiring spree, prompting OpenAI CEO Sam Altman to welcome the competition with a defiant “bring it on” response.

Benzinga

Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg's big bet pay off?

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing rivals like OpenAI and Google. No pressure.

Fortune

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Evening Standard

How to get a £150 million job — inside Silicon Valley’s backstabbing AI talent war

Billions of pounds and shameless bonuses — the cut throat battle for artificial intelligence pros has gone berserk

Tom’s Hardware

Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

Benzinga

Scale AI Slashes 14% Of Workforce After Meta's $14 Billion Investment

Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff.

Fortune

Mark Zuckerberg is determined to build an AI superteam—and he's poaching from Sam Altman with multimillion-dollar pay packages

Reports of $200 million and $300 million compensation packages are rattling the Valley.

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Barchart

Mark Zuckerberg’s AI Spending Spree Tab Keeps Climbing as Projected Expenditures Could Reach $72 Billion

Meta has invested billions of dollars in its AI ambitions, offering some top researchers compensation packages reportedly reaching $100 million, fueling an intense global competition for AI talent.

Benzinga

Scale AI's Alexandr Wang Went From MIT Dropout To AI Billionaire — 5 Things You Might Not Know

Alexandr Wang may not be a name familiar to all investors yet, but he is one of the most recognizable names in the artificial intelligence space, thanks to his co-founding of Scale AI and his previous role as CEO.

Benzinga

Meta's Superintelligence Lab Wants To Outthink The World—And Scale AI DNA Is All Over It

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg has made a decisive move to reshape the company's entire AI strategy by consolidating all artificial intelligence efforts under a newly formed division called Meta Superintelligence Labs.

Euronews

Meta announces new ‘superintelligence’ unit to work on AI

Meta announced that it is creating a new team to focus research on artificial general intelligence, the ability for a model to think at the same level of reasoning as humans.

Benzinga

Meta Pursues 'Superintelligence' With New OpenAI Hires, Stock Climbs To Fresh Highs

Meta Platforms Inc (NASDAQ:META) shares soared to a new all-time high Monday morning, driven by investor enthusiasm following CEO Mark Zuckerberg’s ambitious plans to restructure the company’s artificial intelligence division. The move signals a deep commitment to developing “superintelligence,” advanced AI systems capable of outperforming humans.

International Business Times

Meta Spending Big On AI Talent But Will It Pay Off?

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.

MarketBeat

Analyst Sees Meta Hitting $800: What May Lead Shares to New Highs

Wall Street is taking notice of Meta's latest moves. June upgrades suggest shares could reach new all-time highs and may even surpass $800 for the first time.

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