Meta Platforms Inc. has announced a freeze on hiring within its artificial intelligence (AI) division following a period of aggressive recruitment that saw the company add more than 50 researchers and engineers from leading firms such as OpenAI, Google, and Apple. This move comes amid a broader restructuring effort and investor concerns over the escalating costs associated with building its AI capabilities under the so-called "Superintelligence Labs." The hiring freeze also includes a pause on internal transfers within the AI division. Meta has reportedly offered compensation packages as high as $100 million to attract top AI talent. A company spokesperson described the freeze as a routine, temporary pause related to organizational planning. The decision reflects Meta's efforts to manage spending after a substantial investment spree in AI research and development, coinciding with wider industry cautions about a potential bubble in AI technology investments.
Google Plans Return to Face-to-Face Interviews to Combat AI Cheating, CEO Pichai Announces
GOOGLE TO REVIVE FACE-TO-FACE JOB INTERVIEWS AMID RISING AI-ASSISTED CHEATING, SAYS CEO SUNDAR PICHAI.
Tech companies: "We're cutting 20% of staff to focus on AI efficiency" Also tech companies: *Hiring 50 AI prompt engineers at $300K each* The math isn't mathing... 🤔 Maybe the problem isn't headcount - it's LEADERSHIP! 💀