Meta's $7.78 Billion Trading Volume Lands Seventh as AI Talent War Intensifies

On July 11, 2025, Meta's trading volume reached $7.78 billion, ranking seventh in the day's stock market. Meta (META) fell 1.34%, marking two consecutive days of decline, with a total drop of 2.08% over the past two days.

Meta has made significant strides in bolstering its AI capabilities by aggressively recruiting top talent from the industry. The company has offered a pay package worth over $200 million to Apple's former top AI engineer, highlighting its commitment to securing the brightest minds in the field. This move is part of a broader strategy to dominate the AI space, with Meta offering some of the largest salaries ever seen in the industry.

Meta's recruitment efforts have also included hiring Aleksandr Wang, the former CEO of Scale AI, to serve as its chief AI officer. This hire is part of a broader overhaul of Meta's AI division, which has seen the company recruit at least a dozen researchers from OpenAI, including prominent figures such as Shengjia Zhao, Jiahui Yu, and Alexander Kolesnikov. These additions are aimed at pushing the boundaries of AI research and driving the future of the field.

The demand for top-tier AI talent has escalated, with tech companies worldwide vying for the same group of skilled researchers. Meta's aggressive recruitment tactics have already begun to yield results, potentially weakening its competitors' ability to innovate and progress in AI development. The competition between Meta and OpenAI has intensified, with both companies battling for control of AI innovation and the reputation of being at the forefront of AI development.