71–80 of 507 posts
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The FTC will do nothing. Not under Trump.
he's right. Trump is only marginally more M&A-friendly than Biden.
All the big anti-trust against Meta/Google started under Trump (despite what Zuck claimed to Joe Rogan).
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Of all the tech companies, Meta is the most ruthless and shameless. You'd have to be a total fool to trust Zuck, especially Zuck who put billions into AR for not much return and now billions into AI to create lackluster lagging models.
Off base when considering the likes of Palantir and many others. Not a fan of the person or many of Meta's business practices. But Meta has given a lot back with Llama and PyTorch, among many other open source contributions. Which others in the space are not doing.
People are saying this is an acquihire, and the article states that Scale AI's CEO will join Meta in a "top leadership role" in their new Superintelligence lab. Does this mean Lecun is stepping down?
People are saying this is an acquihire, and the article states that Scale AI's CEO will join Meta in a "top leadership role" in their new Superintelligence lab. Does this mean Lecun is stepping down?
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I don't really think Meta ever had a vision beyond "Facebook is a social network to connect people". Since then, their strategy has primarily been driven by their fear of being left behind, or of losing the next platform war. Instagram, Whatsapp, Threads, VR, AR, and now AI, they all weren't driven by a vision as much as it was their fear of someone else opening a door to a new market that renders them obsolete. They…
Yes, but they’ve definitely made a big contribution to AI / LLMs. I just don’t understand how they plan on monetizing upon things, apart from “better AI integration inside their own products”. Are they planning to launch a ChatGPT competitor? It seems like this acquisition is focused on technology, but what’s the product vision?
This is a weird deal? Meta buys a non-controlling stake and says no customers will be affected but the CEO and others are leaving Scale for Meta. Meta also says they won’t have access to competitor data but at 49% ownership they get major investor rights? Sounds like an acqui-kill to me?
Of all the tech companies, Meta is the most ruthless and shameless. You'd have to be a total fool to trust Zuck, especially Zuck who put billions into AR for not much return and now billions into AI to create lackluster lagging models.
But also for a long time the best available open-weights models on the market - this investment has done a lot to kickstart open AI research, which I am grateful for no matter the reasons.
This is a weird deal? Meta buys a non-controlling stake and says no customers will be affected but the CEO and others are leaving Scale for Meta. Meta also says they won’t have access to competitor data but at 49% ownership they get major investor rights? Sounds like an acqui-kill to me?
Reverse acquisition? IE, similar to how Disney "bought" Pixar, but much of Pixar's IP overshadows Disney's IP; or how Apple bought Next and the current MacOS is basically NextOS under the hood. It's a technique that companies do to avoid disruption: Buy early stage startups, and by the time they could "disrupt" the parent company, the parent company's management is ready to retire, and the former startup's management…
[1] https://en.wikipedia.org/wiki/List_of_highest-grossing_media...
From my perspective, Meta is doing pretty reasonable with their AI compared to eg Apple. What is their end goal with AI? I understand Google, Anthropic and OpenAI try to cater to a certain audience with their AI products. I understand the way Apple wants (but is failing) to integrate AI into their products. What’s Meta’s strategy here? What’s their vision?
The metaverse was their strategy. Then AI hype took over Silicon Valley and the unloved under-resourced AI team at Facebook became the stars of the show. Meta are now standing on the shoulders of those teams and the good will they generated from their foundational and open research efforts.
An AI first strategy from Facebook would not have involved a rebrand or open sourcing any research or models and would probably have looked a lot like OpenAi or Grok.