OpenAI CEO Sam Altman said that Meta tried to poach its employees with nine-figure offers, but failed to recruit OpenAI's best people.

"We don't think any platform being banned is good for the ecosystem," Yaccarino said. Under Musk, X has dismantled content moderation and fact-checking efforts under the claim of protecting free speech. It was briefly banned in Brazil last year after disagreements with its courts over spreading disinformation.

The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially industry-shaking deal.

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.

Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties with Scale for other data companies

WhatsApp monetization begins, potentially adding $15B+ annual revenue from Meta Platforms, Inc.'s nearly 3B global users. Click for my META stock update.

Silicon Valley thinks it’s finally found the next big thing in tech: smart glasses – the same thing Google tried (and failed at) more than a decade ago.

Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the industry.

Mark Zuckerberg says the golden age of social media is over as platforms shift from personal connections to mass entertainment and AI-driven content.