Morning Brew Daily Meta Recruits AI Superteam & Google’s AI is Killing News Sites
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Jun 11, 2025 Meta is ramping up its AI recruitment efforts in a bid to reclaim its position in the tech world with eye-popping offers for top talent. Meanwhile, the World Bank warns of the weakest global economic growth since the '60s, raising concerns about stability. Google’s powerful AI tools are shifting the landscape, driving traffic away from traditional news sites and affecting their viability. Plus, celebrity-driven podcasts are making waves in the telecom industry, launching affordable phone services to challenge market norms.
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Meta's AI Talent Spend
- Meta is paying ultra-high compensation packages to attract AI talent and catch up in the AI race.
- They leverage strong ad revenue and data centers to invest continually in AI development.
Meta's Partial Scale AI Deal
- Meta took a 49% stake in Scale AI valued at $28 billion instead of a full acquisition.
- This move likely circumvents antitrust scrutiny while bringing top AI talent onboard.
Weakest Global Growth Forecast
- The World Bank projects the weakest global economic growth since the 1960s, with the U.S. hardest hit.
- Developing countries face even steeper per capita GDP losses compared to high-income economies.