The hiring spree and restructuring come as pressure mounts on Zuckerberg to justify Meta's massive capital spend on AI infrastructure

Meta on Wednesday pushed back on reports that the Mark Zuckerberg-led company has offered as much as $300 million to poach talent from OpenAI in the battle for artificial intelligence supremacy. Zuckerberg allegedly extended the highly lucrative offers to at least 10 staffers at OpenAI who were given the option of taking equity in Meta — with $100 million of the stock vesting in the first year and up to $300 million over four years,

Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company’s work on AI products.