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0.000155666251556698 0.00017123287671235 4.66998754671333E-05 -7.78331257782605E-05 0.000155821917808215 0.00180572851805741 0.00180572851805741 0.00180572851805741
Stock impact report

Seasoned Meta employees take bold stance on Mark Zuckerberg's new team: 'Spent a huge amount of money' [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
According to The New York Times , Meta's recently formed AI group, TBD Lab, has become a source of tension inside the company. Led by entrepreneur Alexandr Wang, the team was given an unusually high level of autonomy. The company invested $14.3 billion in Wang's startup, Scale AI, and carved out a dedicated space beside Zuckerberg's office for the TBD Lab group. However, sources said disagreements have erupted between Wang's researchers and some of Meta's most seasoned executives, including chief product officer Chris Cox and chief technology officer Andrew Bosworth. It's reportedly over whether the new team should prioritize Meta's core business — improving social media algorithms and advertising — or focus on racing OpenAI and Google to build "frontier" AI systems. "Meta spent a huge amount of money to bring in Alexandr Wang," said venture capitalist Tomasz Tunguz, per the Times, "and that must have changed both the internal topology and the feeling of the company." The battl Show less Read more
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