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Down Round

Meta's Highway Robbery

03 Jul 2025

Description

For a few weeks, we've been talking about Meta's revenge tour in Silicon Valley, throwing massive bonuses at AI talent at rival companies in order to tempt them over to Zuck's domain. Well, it seems to have paid off now — and the company has announced its Superintelligence team, packed with talent they managed to poach. Then, we go into a Bloomberg story which suggests that Apple could be ready to throw in the towel on AI and work with OpenAI and/or Anthropic to power their next-generation Siri. Which would be big!See omnystudio.com/listener for privacy information.

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