At least 11 killed in Algeria orphanage fire
At least 11 people have been killed and 19 injured in a fire at an orphanage on the outskirts of the Algerian capital, state media reported. The blaze...
OpenAI CEO Sam Altman has alleged that Meta Platforms offered signing bonuses as high as $100 million to OpenAI employees in an attempt to recruit top talent, underscoring the intensifying competition among tech firms for artificial intelligence expertise.
Speaking on the Uncapped podcast, hosted by his brother, Altman said Meta had been making what he described as “giant offers” to several members of his team.
“You know, like $100 million signing bonuses, more than that in compensation per year,” he said.
While Altman noted that “none of our best people have decided to take them up on that,” the offers reflect the growing trend of AI engineers and researchers being pursued with compensation packages comparable to those of elite athletes or entertainers.
Meta has not commented publicly on the claim, and Reuters could not independently verify the reported offers.
Altman added: “I've heard that Meta thinks of us as their biggest competitor,” framing the rivalry as part of a broader race among tech companies to dominate the rapidly advancing AI landscape.
The remarks come shortly after Meta invested $14.3 billion in Scale AI, a leading data-labeling startup, and brought on its CEO, Alexandr Wang, to head Meta’s newly formed superintelligence unit. This strategic shift highlights Meta's efforts to accelerate development and catch up with major players like OpenAI and Google in the generative AI space.
Meta, once a front-runner in open-source Artificial Intelligence, has recently faced internal challenges, including staff turnover and delays in rolling out new models intended to compete with those from OpenAI, Google, and China’s DeepSeek.
The surge in demand for elite AI talent, combined with massive investment inflows, is reshaping the landscape of the tech industry and raising the stakes for companies seeking to lead in artificial general intelligence and superintelligence development.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
Beijing is using Shanghai’s artificial intelligence (AI) forum to promote its governance agenda and showcase domestic alternatives to U.S. technology.
Australia will establish an Office of AI to coordinate artificial intelligence standards and oversee major data centres as the government prepares new laws on their energy and water use, Prime Minister Anthony Albanese said on Wednesday (15 July).
IBM has warned that a surge in spending on artificial intelligence infrastructure is weighing on its core business, in one of the clearest signs yet of how the AI boom is reshaping the technology sector.
TikTok moderates content in more than 70 languages, including Azerbaijani, using a combination of artificial intelligence and human reviewers, a company representative has said.
China has successfully tested an experimental rocket recovery system using a net attached to an offshore platform, marking a major step in its efforts to develop reusable rockets and compete with U.S. space technology.
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