Metaplatforms Inc. (NASDAQ:META) has adopted Andreas Tullochco-founder of By Mira Murati You start Thinking Machine Labmarking another major addition to the CEO ranks Mark Zuckerbergs aggressive effort to close the gap in advanced artificial intelligence.
Meta’s billion-dollar bid wins over Tulloch
Tulloch left Thinking Machines Lab to join Meta after receiving a compensation package that could be worth up to $1.5 billion over at least six years, including performance bonuses and stock incentives. reported the Wall Street Journal, citing people familiar with the matter.
A spokesperson for Thinking Machines Lab confirmed his departure to the Journal, saying, “Andrew has decided to follow a different path for personal reasons.”
The move follows Meta’s failed attempt to buy Murati’s startup, after which Zuckerberg reportedly began approaching more than a dozen employees – including Tulloch – to recruit them directly.
See also: Elon Musk becomes first person worth $500 billion, Tesla CEO’s wealth is now bigger than Palantir, Alibaba
Zuckerberg’s AI hiring spree is intensifying
Zuckerberg is busy hiring, targeting top AI researchers from rival companies such as Open AI, AnthropicAnd Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Deepmind.
Previously CEO of OpenAI Sam Altman stated that Meta offered some of its staff bonuses of up to $100 million to entice them to switch sides.
Reactions from the industry underline the founders’ determination
Yun Tsaia senior staff engineer Tesla Inc. (NASDAQ:TSLA) and former Nokia researcher, commented Xearlier Tweet“If you work for a founder, you want to work for someone who is willing to go bankrupt with their personal fortune despite the low odds of success.”
“That’s very rare. Most people just want to retire earlier.”
Meta scores high Benzinga’s Edge Stock Rankings for Momentum, Growth and Quality, highlighting solid long-term price performance, even if short- and medium-term trends show some weakness. Access complete stock analysis, including comparisons with peers and competitors.
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Disclaimer: This content was produced in part using AI tools and was reviewed and published by Benzinga’s editorial staff.
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