How high will Bitcoin go in 2025?

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

After Failed SSI Takeover, Meta Now Eyes CEO Daniel Gross And Ex-GitHub Chief Nat Friedman

Benzinga Newsdesk
June 20, 2025

After a failed attempt to acquire Safe Superintelligence (SSI), an AI startup co-founded by OpenAI's former chief scientist, Meta Platform Inc. (NASDAQ:META) is intensifying its pursuit of artificial intelligence through an aggressive recruitment strategy aimed at attracting top talent.

What Happened: As per a CNBC report, a stealth-mode startup valued at $32 billion declined Meta's acquisition offer. SSI is committed to independently developing aligned superintelligence, marking one of the boldest moves in the AI landscape.

Founded on June 19, 2024, SSI was launched by Ilya Sutskever, former co-founder and chief scientist of OpenAI, and Daniel Gross, ex-Apple Inc. AI director. Gross currently serves as SSI’s CEO.

Why It Matters: Following the failed acquisition, Meta has shifted its strategy to talent acquisition. According to The Information, the company is now attempting to recruit Daniel Gross and Nat Friedman, the former CEO of GitHub.

Gross and Friedman are also partners at the VC firm NFDG, which has invested in prominent AI startups like Perplexity AI and Character.AI.

This pursuit comes shortly after Meta brought in Alexandr Wang, CEO of Scale AI, along with several executives from Scale to lead its superintelligence initiatives.

Also Read: Why Meta’s ‘Superintelligence’ Project Lead Alexandr Wang Says It Is A Strange Time To Be A Scientist

Meta's Plan: Amid delays in unveiling Llama, Meta's foundation language models, the company appears to be pivoting toward research-heavy, cutting-edge AI development, moving beyond chatbots and hardware toward long-term superintelligence goals.

Read Next:

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Skorzewiak / Shutterstock.com

Continue Reading...

Popular

Public Fight Between Trump and Musk Rocks Tesla, SpaceX: Here Are the Biggest Bombshells

The public disagreement between Elon Musk and President Trump is causing significant repercussions for Musk's businesses.

Walz: Minnesota Lawmaker and Spouse Killed In 'Politically Motivated Assassination'

Minnesota Gov. Tim Walz (D) said Saturday morning that a Democratic state legislator and her husband were killed, and another lawmaker and his wife injured, in separate "targeted shootings" at their homes.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Embed-Chart-China-Critical Minerals, ADVISORY

CHINA-CRITICAL MINERALS — Chart. This AP digital embed chart shows the share of several critical minerals dominated by China in global supply chains. China has spent decades building the world’s main industrial chain for mining and processing such materials, which are used in many industries such as electronics, advanced manufacturing, defense and health care. This chart is current as of June 10, 2025, and will not update. Source: IEA.

Musician Made $3 Million From NFTs — Then Faced a Brutal Tax Hit and Crypto Crash

Jonathan Mann, a non-fungible token (NFT) artist, has spun his taxing experience with cryptocurrency into a song.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

ICE arrests 84 people at Louisiana racetrack

NEW ORLEANS (AP) — The U.S. Immigration and Customs Enforcement arrested 84 people unlawfully in the country during a raid at a southwest Louisiana racetrack, the agency announced Tuesday.

Elon Musk backs off from feud with Trump, saying he regrets social media posts that 'went too far'

Elon Musk stepped back from his with U.S. President Donald Trump, that he regrets some of his posts about his onetime ally and that they went “too far.”

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

The Latest: Death toll grows as Israel and Iran trade attacks for third day

The death toll is growing as exchanged missile attacks for a third consecutive day on Sunday, and Israel is warning that worse is to come.

Ericsson, Supermicro Partner To Bring 5G-Powered AI To Factories, Retail And Hospitals

Ericsson and Super Micro announce strategic collaboration to accelerate Edge AI deployment. Super Micro stock down 45%, Ericsson up 38% in past year.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Power bills in California have jumped nearly 50% in four years. Democrats think they have solutions

SACRAMENTO, Calif. (AP) — California lawmakers this week advanced several efforts aimed at reining in utility profits and slashing electricity bills as part of their agenda to tackle the sky-high costs of living.

This Move Won't Stay Quiet for Long - Ad

They just made a $100M bet on blockchain. Early insiders are already circling.

Latin America's Hot Stocks: 3 NYSE Picks To Dodge Trade Wars, Mideast Mayhem

Latin American markets, boosted by Brazil's Bovespa & Mexico's IPC, offer diversification and stability amid tariff threats and chaos. NYSE-listed Vale, Ambev, and Cemex are compelling with high yields, low P/E ratios, and resilience to trade tensions and Middle East volatility.

Altucher: It Looks Like My Trump Prediction Is Coming True - Ad

Trump's Great Gain has begun - and it could be the biggest crypto shift in U.S. history. With states like New Hampshire launching crypto reserves, everyday Americans could turn $900 into $108,000. But timing is critical.

Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo

Kore Potash secures $2.2 billion for Kola Project in Congo through non-binding term sheet agreement with OWI-RAMS, reducing equity dilution and increasing shareholder value.

Qualcomm Stock Is Rising Monday: What's Going On?

QUALCOMM Inc (NASDAQ:QCOM) shares are trading higher Monday after the company announced it reached an agreement to acquire Alphawave Semi for $2.4 billion.

Solana-Backed Company Goes All In - Ad

A quiet $100M move could turn this overlooked firm into a blockchain market leader.

Chime's IPO Marks Another Successful Wall Street Debut

Chime's strong debut is seen as a positive sign for the U.S. IPO market, which has been sluggish for several years. But that may be changing.

3 Stocks to Buy Before Congress Approves the Pentagon's Record $1 Trillion Budget - Ad

43 days after President Trump won the election, the Chinese Communist Party sent him a very public warning. It was the Chinese military's real-life blueprint for destroying America's entire pacific fleet with the flip of a switch.

Trump tax bill would widen deficits by $2.8T after factoring in economic impacts, CBO says

WASHINGTON (AP) — President tax and budget bill would increase deficits by $2.8 trillion over the next decade after including other economic effects, according to a more fulsome analysis of the measure released Tuesday by the Congressional Budget Office.

Oracle's AI Ambitions Take Flight After Record Cloud Growth: What Do Analysts Really Think?

Oracle (ORCL) stock gains on Q4 results, upbeat outlook. Revenue up 11% & EPS beats estimates. Analysts raise target prices, predict multi-year growth.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

FDA Expands AbbVie's Mavyret Label To Include Pediatric Patients With Hepatitis C Infection

FDA approves AbbVie's Mavyret for acute hepatitis C, expanding its use to patients 3 and older with or without cirrhosis after positive trial data.

Cathie Wood Dumps $1.8 Million In Coinbase Stock As Bitcoin Nears $110K All-Time High

On Monday, Cathie Wood-led Ark Invest made a notable move by selling shares of Coinbase Global Inc. (NASDAQ:COIN) across its ETFs.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Naval Ravikant Says Elon Musk's A 'Purist' Recalling Why He Likely Never Speaks To Bill Gates

Naval Ravikant claims Elon Musk stopped talking to Bill Gates because Musk sees money as a tool to achieve his goal of decarbonizing transport.

Lululemon Stock Crashes Nearly 21% In Friday Pre-Market: What's Going On?

Lululemon Athletica Inc. (NASDAQ: LULU) plunged 21.1% during the pre-market trading session on Friday, as it cut its full-year earnings forecast, attributing it to an unpredictable macroeconomic environment.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Secretatry Of State Marco Rubio Pushes Sanctions Probe Into Harvard Over Ties To Blacklisted Chinese Entity: Report

U.S. Secretary of State Marco Rubio is seeking a federal sanctions investigation into Harvard University over alleged violations involving a blacklisted Chinese entity, escalating the Trump administration's broader campaign against the nation's oldest university.

Judge puts temporary hold on Trump's latest ban on Harvard's foreign students

WASHINGTON (AP) — A federal judge on Thursday temporarily blocked a proclamation by President Donald Trump that banned incoming foreign students from entering the U.S. to attend Harvard University.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

U.S. hiring likely slowed to 130,000 new jobs last month amid uncertainty over Trump's policies

WASHINGTON (AP) — The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, deportations and purges of the federal workforce.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service