Meta freezes AI hiring after speedy enlargement and restructuring in keeping with WSJ

• Meta froze hiring in its AI division final week, halting each exterior hires and inner transfers.

• Exceptions to the freeze require approval from Meta’s Chief AI Officer, Alexandr Wang.

• A spokesperson framed the transfer as a part of organizational planning and yearly budgeting.

• Meta not too long ago employed over 50 AI researchers and engineers, usually providing large compensation packages.

• The corporate has been a frontrunner within the AI expertise conflict, even executing “reverse acquihires” to seize startup expertise.

• Analysts have raised issues about the price of Meta’s aggressive AI hiring, notably stock-based compensation.

This text was written by Arno V Venter at investinglive.com.