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Meta Triggers Gold Rush for AI Talent in ‘Rational’ Bid to Win Out


Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner wonders just how rational it is for Big Tech companies to spend millions to hire artificial intelligence researchers.

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in September 2024 at the company’s Menlo Park, California, headquarters. Today, Kurt Wagner wonders just how rational it is for Big Tech companies to spend millions to hire artificial intelligence researchers. iPhone protection: Apple introduced a new insurance plan, letting customers bundle protection coverage for as many as three separate devices, part of an effort to drive further gains in subscription revenue.

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