(Reuters) -Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities, Bloomberg News reported on Tuesday.
Zuckerberg is building the new AI team in tandem with a reported investment of over $10 billion in Scale AI, Bloomberg News said citing sources, adding that Scale AI founder Alexandr Wang was expected to join the AGI group after a deal is done.
Reuters could not immediately verify the Bloomberg report. Meta did not immediately respond to a request for comment outside regular business hours.
Zuckerberg's plans to personally recruit around 50 people, including a new head of AI research for the AGI team is driven partly by frustration over the performance and reception of Meta's latest large language model, Llama 4, Bloomberg News reported.
Last month, Meta delayed the release of its flagship "Behemoth" AI model due to concerns about its capabilities, the Wall Street Journal reported.
Rivals like OpenAI have also been looking to make changes to attract further investment in a bid to develop AGI.
(Reporting by Gursimran Kaur in Bengaluru; Editing by Nivedita Bhattacharjee)
Youngest billionaire in the world with 4 billion dollars in 2010, Mark Zuckerberg, founder and CEO of the social networking site Facebook, was the 52nd richest men in the world in 2011 (according to Forbes). His personal fortune was estimated at $ 13.5 billion in 2011.
Graduated in 2003 from Phillips Exeter Academy, Mark Zuckerberg joined Harvard. Keen on informatics and gifted in programming, he created his first network aimed to rate the sex appeal of his friends by hacking photos on the servers of Harvard. The user has two portraits of girls and he has to vote for the sexiest girl. Success is dazzling: 22 000 connections in two hours.
In 2004, Mark Zuckerberg officially launched Facebook, a social network designed primarily for students of Harvard and other universities, the success was immediate. Little by little, Mark adds functionalities which allow to find people, communicate with them and to see friend in common.
In 2006, Facebook is opened to the public. The popularity of the social network growas each day and overtakes My Space.
Mark Zuckerberg used advertising based on behaviors of network users. Advertisers could easily target customers interested in their offers. But Mark Zuckerberg has to update constantly his securities policy. In 2010, 500 million people had a Facebook account.
In 2007, Microsoft spent $ 280 million to hold 1.7 % of the fastest growing social network. The Chinese billionaire spent $ 120 million to hold approximately 0.8% of Facebook.
In 2010, Facebook counted 500 million members and had a turnover of $ 500 million in 2009. It is the 5th most visited website in the world. In 2011, Mark Zuckerberg leaded the way of the most powerful figure according to Medias ahead Rupert Murdoch, Larry Page and Steve Jobs (The Guardian).
Mark Zuckerberg has been in trial twice, the first one against the Winklevoss twins who accused him of intellectual property offense, the second one against Eduardo Saverin, co-founder of The Facebook ( the first version of Facebook), who was his roommate at Harvard but also his best friend.
Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:
- operation of social networking, messaging, photo and video sharing platforms (98.9%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.58 billion daily active users in 2025);
- sale of virtual and augmented reality products, software and devices (1.1%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.
Net sales break down by source of income into advertising spaces (98.7%) and other (1.3%).
Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia/Pacific (26.8%), Europe (23.2%) and other (10.8%).
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