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Meta CTO Bosworth says OpenAI countered lucrative job offers to AI startup's employees

1. Meta unveiled augmented reality glasses, targeting smartphone alternatives. 2. Meta offered $100 million bonuses to attract top talent from startups. 3. Meta invested $14 billion in Scale AI for superintelligence initiatives. 4. Meta aims to enhance AI capabilities by hiring key personnel. 5. Market competition for AI talent is intensifying, influencing salary benchmarks.

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FAQ

Why Bullish?

Meta's investments and innovations in AI position it favorably in a growth market, akin to past tech stock growth during innovation phases.

How important is it?

The article outlines Meta's strategic moves in the AI space, showcasing its commitment and potential for growth, significantly affecting investor perception and stock performance.

Why Long Term?

Meta's considerable investments and talent acquisition strategies will likely yield benefits over time, similar to how early AI investments have driven tech company valuations.

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