Meta’s $1.5B AI Hiring Spree: Will Zuckerberg’s Talent Grab Send META Stock Soaring & Shake Up Apple’s XR Plans?
Meta hired Andrew Tulloch, co-founder of Thinking Machines Lab, offering up to $1.5 billion over six years in pay and incentives. CEO Mark Zuckerberg has aggressively targeted AI talent, with some candidates reportedly offered $100 million bonuses. Meta shares hit a record $789 in August, up 53% in 2025, while Apple’s stock remains flat near $224. Meta’s Reality Labs lost $3.7 billion in Q2 despite strong AI-driven ad revenue.