Elon Musk has once again stirred the tech world, revealing that his company xAI is attracting top engineers from Metawithout lavish hiring bonuses. These experts, Musk says, are driven by belief in xAI’s mission and long-term vision rather than immediate payouts.

https://x.com/slow_developer/status/1951932301761270181

🔧 From Meta to xAI: No Flashy Bonuses, Just Trust in the Vision

Musk stated that several lead engineers from Meta have already joined xAI, even though their starting salaries were relatively modest. Instead of upfront incentives, they bet on the company’s future growth, believing xAI could eventually surpass Meta in value.

These engineers reportedly received substantial raises later on, once their impact became clear. Musk emphasized that xAI prioritizes long-term trust and contribution over premium onboarding perks.

🧠 AI Talent Wars: Meta, OpenAI, Anthropic, and xAI Face Off

Musk’s comments followed a post on X claiming that Meta was aggressively targeting OpenAI employees, managing to hire a few in what was described as a “desperate move.” For example, Shengjia Zhao, one of the minds behind ChatGPT, has now taken on the role of chief scientist at Meta Superintelligence Labs.

However, reports suggest most candidates declined offers from Meta, often citing that OpenAI is closer to achieving true AGI, and that they preferred the agility and mission-focus of smaller teams, rather than working on ad-driven tech projects.

Another post highlighted that "no other AI lab matches xAI’s pace when it comes to innovation with such a small team."

⚙️ A Year of xAI: Ten New Tools Launched

In its first year, xAI has already introduced ten notable tools, including:

🔹 Grok 2 and Grok Mini (chatbots)

🔹 Aurora (image generator)

🔹 Grok Button (instant data analysis)

🔹 xAI mobile app

🔹 Grok 3 with DeepSearch

🔹 Unfiltered voice mode

🔹 Grok 4

🔹 AI companions

🔹 Imagine (visualization tool)

This rapid rollout impressed industry observers and cemented xAI’s place in the competitive AI race.

💰 Meta vs. the Rest: What Does Top Talent Really Cost?

According to OpenAI CEO Sam Altman, Meta has offered compensation packages worth up to $100 million to poach his team members—claims Meta denies. Yet, WIRED reports that over a dozen OpenAI employees received such offers, including one top researcher who was offered a chief scientist position—but declined.

Meta reportedly promised that all shares and stock options offered would fully vest after just one year.

Still, employees at Anthropic remained unmoved by Meta’s generous packages. Co-founder Benjamin Mann stated that Anthropic’s team prioritizes mission over money.

📈 Meta’s Market Momentum: A Massive Surge

Meta and Microsoft recently saw a combined $550 billion increase in market value in a single day$140 billion more than Costco’s entire valuation and $50 billion above Netflix.

Early Thursday trading in Europe saw Meta shares jump 12.2%, while Microsoft rose 9%. The optimism pushed U.S. futures upward—S&P 500 up 1%, Nasdaq up 1.3% before the U.S. market opened.

💵 Meta Beats Wall Street Forecasts and Lifts Outlook

For Q2, Meta posted earnings of $7.14 per share, beating analyst expectations of $5.89. Revenue reached $47.52 billion, also ahead of the forecasted $44.83 billion. For Q3, Meta expects revenue between $47.5 billion and $50.5 billion, again topping estimates.

The company also raised its full-year expense forecast to $114–118 billion, marking a 20–24% increase in spending year-over-year.


#ElonMusk , #XAI , #AI , #OpenAI , #INNOVATION

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