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The Latest Breaking News from FAIR

AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn’t even launched yet

The legendary AI researcher announced his departure from Meta, Mark Zuckerberg’s social media empire, just one month ago.

Fortune

Meta's chief AI scientist is leaving the company after 12 years to create a startup

Meta's Chief AI Scientist, who built the company's FAIR research arm, is leaving the company after over a decade — here's what is next.

Android Central

Meta AI Chief Yann LeCun Leaves to Start New Venture in Advanced Machine Intelligence

Meta AI Chief Yann LeCun to leave Meta and launch a new startup focused on advanced machine intelligence.

International Business Times

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French ‘godfather of AI’ Yann LeCun confirms he is leaving Meta to launch AI start-up

LeCun has previously said he does not agree that LLMs, which Meta is investing billions into, are the future of intelligence.

Euronews

The rise of Yann LeCun, the 65-year-old NYU professor who is planning to leave Mark Zuckerberg's highly paid team at Meta to launch his own AI startup

LeCun is a Turing Award winner and considered one of the pioneers of modern artificial intelligence.

Fortune

Torrential Midwest flash floods turn state fair into water park and shut airports and roads with more to come

The rainfall broke a daily record in Milwaukee, Wisconsin

The Independent UK

Mark Zuckerberg Names OpenAI Veteran Shengjia Zhao As Chief Scientist Of Meta Superintelligence Labs

Meta Platforms Inc. (NASDAQ:META) has officially named Shengjia Zhao, a former OpenAI researcher, as Chief Scientist of its newly formed Superintelligence Labs.

Benzinga

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Fair by Jen Calleja review – on the magic of translation

A highly original book from the author of Goblinhood explores the art and work of translating fiction

The Guardian - UK

Key takeaways from Mark Zuckerberg's memo on Meta's new "Superintelligence" AI drive and big hires

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

Fortune

Even $10 million offers may not fix Meta’s AI talent problem

Zuckerberg is throwing pro-athlete-level salaries at top AI researchers. But for many, prestige, trust, and tribal loyalties matter more.

Fortune

Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race

Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its recent Llama 4 flop and ongoing AI talent departures.

Fortune

Living through a 'low-attention disaster,' Mountain Fire survivors recover in LA's shadow

Nearly six months after the Mountain Fire displaced 750 people and destroyed 182 homes and other structures in Ventura County, survivors say recovery is more difficult without FEMA support and in the shadow of the LA fires

The Independent UK

The California crisis in homeowners insurance has only one real solution

Real risks to homes remain deeply underpriced—as much as 10 to 20 times state estimates.

Fortune

Melting paint, robot vacuums and a hearse at Art Fair

The Melbourne Art Fair features the latest work from some of Australia's best known artists - with art from a few hundred dollars to more that $300,000.

AAP

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Fortune

Major players in the anti-DEI movement: Here's who's pressuring Goldman Sachs, Pfizer, IBM, and other Fortune 500 companies to drop their policies

A guide to the people and activist organizations who paved the way for Donald Trump's attacks on diversity practices in corporate America.

Reason

California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones

A proposed state bill would allow individuals and insurers to sue oil companies for wildfires damages.

The Independent UK

London Art Fair showcases global talent and British icons as it returns for its 37th year

With galleries from 18 countries and works ranging from Francis Bacon to emerging European artists, the 2025 London Art Fair celebrated its most international edition yet

Fortune

California's insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion

"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be paid."

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The Guardian - US

‘A ton of unknowns’: months ago, LA residents lost wildfire insurance. Then the fires came

After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many

Fortune

California homeowners could be on the hook for $1,000 or higher surcharge if FAIR Plan runs dry

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, said last year.

Reason

California's Insurance Regulation Fixes Came Too Little, Too Late

Decades-old, voter-approved restrictions on insurers raising premiums have created a regulatory disaster to match the natural one.

Fortune

An investor who spent $27 million on a mansion that burned down on 'Billionaire's Beach' only expects $3 million from insurance

Real estate investor Robert Rivani was planning to list the five-bedroom Malibu mansion this spring for $40 million.

Fortune

Just before wildfires hit, California told insurers to cover homes in risky areas—in exchange for passing on more costs

Insurers can incorporate reinsurance costs in their calculations for what they will charge consumers.

The Independent UK

The LA wildfires will cause chaos for California’s home insurance market

New rules allowed climate change consideration in premiums

Fortune

How Mark Zuckerberg went all-in to make Meta a major AI player and threaten OpenAI’s dominance

Working with open-source models helped Llama catch up with ChatGPT; Meta stock, meanwhile, has reached all-time records.

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