Meta News
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Sounds good and great to hear that they're also moving in this direction. I am curious on how the valuation works as to my (simple) mind purchasing 49% at $14.8bn creates a company valuation of $30.2 bn not $28bn?
As always thanks for the insight Adam.
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Hi SZ,
The deal structures like discounted share sales, non-cash payments, strategic terms. The final valuation of Scale AI, based on Meta’s acquisition of a 49% stake for $14.8 billion, vs $28 billion for the whole. I think just because the 'valuation' is X doesn't meant you pro rata that value for a given percentage, given this is a very big deal comprising a very long list of add ons. The CEO is now working at Meta so maybe there is a massive sign on incorporated in the deal.
When Xai raises its next $20B they have already stated 'at a valuation between 120-200 billion'. Does that make sense-no, not really
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Meta begins monetising news on WhatsApp, backed by vast user base
Meta has started monetising news content on WhatsApp by allowing publishers to earn revenue through in-app advertising, paid subscriptions, and premium content via WhatsApp Channels. This move marks a shift in WhatsApp’s traditionally ad-free model and positions it to compete more directly with platforms like Telegram for news distribution.
The decision is underpinned by Meta’s immense global reach. As of the fourth quarter of 2024, Meta reported 3.35 billion daily active users across its core platforms—Facebook, Instagram, WhatsApp, Messenger, and the growing Threads app. This vast user base has helped drive profitability, with Meta’s average revenue per user reaching $49.63 in 2024, up from $44.60 the previous year.
Meta’s dominance in the digital space provides a strong foundation for this latest monetisation push on WhatsApp.
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The crazy world of AI. What's crazy is he 'failed', allegedly
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Meta have their wallet out hoovering up the AI elite. Crazy numbers.
Meta Platforms has offered exceptionally large compensation packages to key hires for its new “superintelligence” division, including a deal worth over $200 million for Ruoming Pang, a former distinguished engineer at Apple, Bloomberg reported, citing people familiar with the matter.
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Nice job ..if you can get it
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Nice job ..if you can get it
@Ducati996R said in Meta News:
Nice job ..if you can get it
I studied AI as part of a degree back in the early 2000s. It was pretty rudimentary stuff then and I've not kept up with it since, but still...
I'd be happy to take on a role at a salary as low as $5m/yr and if it doesn't work out after a few months, there'd be no hard feelings if I was let go.
I should probably let them know I'm available since they haven't been in touch yet...
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A,
I'll put a good word in with Mark when we meet
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I’m sure I mentioned that Wendy deals directly with Mark and also The Donald.. but has never been on a private jet or island with either of them!!
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it's marvellous, Jim
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breaking:
Zuckerberg just posted the following on XFor our superintelligence effort, I'm focused on building the most elite and talent-dense team in the industry. We're also going to invest hundreds of billions of dollars into compute to build superintelligence. We have the capital from our business to do this.SemiAnalysis just reported that Meta is on track to be the first lab to bring a 1GW+ supercluster online. We're actually building several multi-GW clusters. We're calling the first one Prometheus and it's coming online in '26. We're also building Hyperion, which will be able to scale up to 5GW over several years. We're building multiple more titan clusters as well. Just one of these covers a significant part of the footprint of Manhattan.Meta Superintelligence Labs will have industry-leading levels of compute and by far the greatest compute per researcher. I'm looking forward to working with the top researchers to advance the frontier!
There was a rumour 3-4 months ago that Meta gave the green light to a $200B DC-something they denied. Looks like it's true.
Whilst no confirmation, one undeniable fact is that SMCI are their go-to ai rack supplier at scale. Interesting times
