JPMorgan upgrades Meta after company’s recent AI product announcements
The bank upgraded the hyperscaler to a buy with a belief that the company's agentic AI app and frontier models could boost Meta's stock.
Meta AI researcher Andrew Tulloch, a high earner in the tech industry, is departing the company, sources reveal. Tulloch, who joined Meta from Thinking Machine Labs, has been postponing his exit until the successful launch of Meta's new open-source AI models and AI assistant, Muse. Tulloch was part of Meta’s TBD lab, central to CEO Mark Zuckerberg's AI strategy, and led by Scale AI founder Alexandr Wang.
The reason for his departure and whether he will continue his AI research elsewhere is currently unknown, as he has not been available for comment.
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