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61 days

Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO

1. Meta invests $14.3 billion in Scale AI, hiring Alexandr Wang. 2. Zuckerberg aggressively recruits AI talent amidst a competitive landscape. 3. Daniel Gross and Nat Friedman join Meta as part of AI strategy. 4. Meta’s attempts to acquire Safe Superintelligence were unsuccessful earlier this year. 5. AI talent war intensifies as big tech companies compete for experts.

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FAQ

Why Bullish?

Meta's substantial investment in AI reflects long-term growth potential, similar to historic tech booms.

How important is it?

Investment in AI and talent acquisition are critical for Meta's future innovation and market stance.

Why Long Term?

Aggressive AI hiring strategies position Meta for future advancements and competitive positioning against rivals.

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