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Wednesdayās AI Report
⢠1.Ā š« Meta fails to poach OpenAI staff
⢠2. š¶Ā Use the AI browser for kids with AngelQ
⢠3. š How this coffee shop saved time with AI
⢠4. š Protect your online info with Incogni
⢠5. āļø Trending AI tools
⢠6. š„ Musk burns $1B p/m on AI
⢠7. ā ļø Amazon warns AI will take jobs
⢠8. šĀ Recommended resources
Read Time: 5 minutes
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OpenAIās CEO, Sam Altman, has confirmed that Meta has been (unsuccessfully) trying to poach his top talentāincluding lead researchers Noam Brown and ex-Google, Koray Kavukcuogluāby offering them $100M bonuses and compensation packages, exceeding that amount.
Meta CEO, Mark Zuckerberg, has been trying to hire top-tier AI researchers from competing labs in a bid to build a superintelligence team, which will be led by ex-Scale AI CEO, Alexandr Wang.
Altman confirmed that although Zuckerberg had been making āgiant offersā to a lot of people on his team, he was āreally happyā that none of his ābest peopleā had ādecided to take him up on that.ā
He thinks his staff believe that OpenAI will reach AGI before Meta, as Meta is too busy prioritising high bonuses and compensation packages over AGI developments, creating a lack of innovation and a poor culture.
Increasing demand for top AI talent has driven up compensation packages, but top AI labs are managing to lock in their top-tier employees: Anthropic has an 80% 2-year staff retention rate, Google has a 78% 2-year staff retention rate, and OpenAI has a 67% one, whereas Meta, which spends $2M p/y on AI talent, is āstill losing them to OpenAI and Anthropic.ā
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A cafƩ chain with an online store and a wholesale arm wanted to increase productivity and reduce admin tasks without increasing staff.
It partnered with Google to integrate Gemini chatbots and AI tools across multiple business areas, as part of an SME pilot initiative.
The AI tools drafted email and ad copy, summarized meeting and rota data, and automated routine replies to customer inquiries.
As a result, they increased productivity and reduced admin time, which translated into significant time savings, without needing more staff.
You'd be shocked to find out what people can find out about you on platforms like Google or ChatGPT.
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Elon Muskās AI start-up, xAI, is reportedly burning through $1B p/māmainly on AI infrastructureāand will have spent around $13B by the end of this year, while making just $500M in revenue.
To help with his spiraling costs, Musk is close to finalizing a further $4.3B equity funding roundāafter he already landed $6B in Decemberāand will attempt to raise a further $6.4B to cover 2026.
xAIās AI models require huge amounts of power and data to run, and rather than renting the infrastructure to help power these models (as many do), xAI buys it outright, which is draining funds at a rapid rate.
Amazon CEO, Andy Jassy, has told Amazon workers that, as they continue to deploy AI agents, corporate jobs are likely to be reduced over the next few years, and urged staff to "be curious about AI."
In a "prediction memoā he sent to employees, he said that AI will bring efficiency gains, so Amazon will likely āneed fewer peopleā doing their current jobs, and āmore people doing other types of jobs."
Although he couldnāt estimate how many people would forfeit their jobs, a recent study by the World Economic Forum has revealed that 40% of US employers plan to cut staff due to AI automating their role.
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Appleās AI gamble unpacked
This podcast breaks down Appleās recent AI announcements, focusing on the long-awaitedābut delayedāSiri overhaul, specifically looking at the lack of personalization and Appleās growing reliance on OpenAI technology.
Until next time, Martin, Liam, and Amanda.
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