AI Investment & Data Center Funding News
Recent AI investment news: Stargate task ($500B), Meta's $29B data center funding via PIMCO, and Amazon's data center project halted in Tucson over resource concerns.
Meta’s Talent Hunt: OpenAI’s Response & Cultural Concerns
Meta's aggressive talent acquisition from OpenAI sparks concerns about cultural impact and fair compensation. OpenAI responds by rectifying compensation and exploring creative methods to retain top talent amidst lucrative Meta offers.
Zuckerberg’s Transformation: Right-Wing Politics & AI Push
Zuckerberg's perceived shift towards right-wing politics, praise for Trump, and Meta's $14.3B investment in Scale AI for AI development are highlighted. His public image has also transformed.
Meta’s Fraud Problem: Scams, Human Trafficking, and Deceptive Ads
Meta faces scrutiny over scams on Facebook & Instagram, including human trafficking-linked fraud in Southeast Asia and Zelle-related scams. Deceptive ads and impersonation fuel the growing problem.
Lawsuit claiming Meta hires foreign workers for lower pay instead of US citizens gets new life
Unlike Title VII of the Civil Rights Act of 1964, the federal law banning workplace discrimination, Section 1981 does not cap the damages that plaintiffs can receive if they win lawsuits, and it does not require them to file complaints with government agencies before suing.