According to @StockMKTNewz, Bloomberg reports that Meta Platforms (META) is hiring Apple AI executive Frank Chu, who led Apple AI teams in cloud infrastructure, training, and search, to join Meta Superintelligence Labs, source: Bloomberg. This hire aligns with Meta’s stated push to scale AI infrastructure and model training, including the Llama program and elevated AI-focused capex guidance disclosed in 2024 investor materials, source: Meta AI blog and Meta Q2 2024 investor communications. The Bloomberg report did not mention any direct cryptocurrency or blockchain linkage tied to this hire, source: Bloomberg.

According to @AIatMeta, Shengjia Zhao has been appointed as Chief Scientist of Meta Superintelligence Labs, signaling Meta's commitment to advancing AI innovation. This leadership change is poised to accelerate Meta's AI development, which may influence AI-driven crypto projects and market sentiment, especially those leveraging Meta’s infrastructure or partnerships (source: @AIatMeta).