IN THE SPOTLIGHT
Meta’s big AI play

Mark Zuckerberg just pulled back the curtain on Meta Superintelligence Labs (MSL), a new AI powerhouse that bundles all Meta’s AI projects under one roof. Leading the charge? Two heavy hitters: Alexandr Wang, ex-CEO of Scale AI, and Nat Friedman, former GitHub boss. This team will drive everything from foundation models to groundbreaking Fundamental Artificial Intelligence Research (FAIR).

Why should you care? Because this isn’t just another rebrand. Meta’s putting serious muscle behind AI, aggressively scooping up top talent from places like Google, Anthropic, and, most notably, OpenAI.

The talent war heats up

Meta’s hiring spree is rattling OpenAI’s cages. In just a week, Meta nabbed eight star researchers from OpenAI, including brains behind OpenAI’s fastest reasoning models and multimodal AI systems. It’s so intense that OpenAI’s leadership admits it feels like “someone has broken into our home.” To keep their people, OpenAI is rolling out better pay and perks, even taking a breather this week to help staff recover from burnout.

Zuckerberg’s AI reboot

After the underwhelming Llama 4 launch earlier this year, Meta decided to double down. Hiring Alexandr Wang to run MSL, courting big names like Nat Friedman and Daniel Gross, and investing over $14 billion in Scale AI signals a serious reboot. The goal? To build an AI dream team that can outpace rivals and redefine what superintelligence means.

What OpenAI is doing

OpenAI’s not just watching. Their Chief Research Officer, Mark Chen openly acknowledged the challenges in an internal memo, promising recalibrated compensation and support for employees tempted by Meta’s flashy offers. CEO Sam Altman is rallying the troops to stay focused on the long game: building artificial general intelligence (AGI) instead of headline-chasing.

The AI race isn’t just about tech breakthroughs; it’s about people. The ability to attract and hold the best minds is fast becoming the key advantage. Meta’s resource-packed push might reshape which companies set the rules for the AI future and whose vision wins.

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SUBSTRATES
What else is on the radar?

WEB3

• Figma adds Bitcoin to its treasury as part of its IPO plans.

• Coinbase acquires Liquify, the leading token management platform for early-stage teams building onchain.

• SEC approves Grayscale ETF including BTC, ETH, SOL, XRP, and ADA.

• VC activity in stablecoins and payments has surpassed the 2021 peak, with Q3 and Q4 of 2024 reaching record deal counts of 43 and 42.

• Robinhood launches micro futures for Bitcoin, Solana, and XRP, offering lower-cost crypto trading options in the US.

AI

• xAI’s Grok is getting an advanced code editor that lets users run, modify, and debug code by talking to it; a screenshot of the feature is shown in the post.

• Anysphere launch a web app letting users manage coding agents from their browser, expanding beyond its AI coding editor Cursor.

• Grammarly acquires Superhuman as a part of the vision to turn into a full AI-powered productivity suite.

• Cloudflare launches a marketplace to charge AI bots for scraping website owners’ content.

• Amazon surpasses 1 million robots working in its warehouses since 13 years ago.

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