Meta Fails $32 Billion Bid for AI Firm, Hires CEO and Takes Stake in Fund
Summary
Meta's failed $32 billion bid for AI firm Safe Superintelligence leads to hiring its CEO Daniel Gross, former GitHub CEO Nat Friedman, and taking a stake in their venture fund NFDG.
Key Points
- Meta tried to acquire AI startup Safe Superintelligence for $32 billion but failed
- Meta now plans to hire Safe Superintelligence's CEO Daniel Gross and former GitHub CEO Nat Friedman
- Meta will also take a stake in Gross and Friedman's venture fund NFDG