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A 24-year-old AI researcher turned down $125 million offer from Meta, Zuckerberg doubled it up to Rs 21,791,975,000

A 24-year-old AI researcher turned down $125 million offer from Meta, Zuckerberg doubled it up to Rs 21,791,975,000

Economic Times7 days ago
Meta's pursuit of 24-year-old AI researcher Matt Deitke has turned heads across Silicon Valley and beyond. After declining a $125 million offer, Deitke was approached personally by Meta CEO Mark Zuckerberg. Following their meeting, the offer was revised to $250 million in stock and cash, including as much as $100 million up front.
According to a report by The New York Times, Deitke initially chose to focus on his AI startup Vercept instead of joining Meta's Superintelligence Lab. Two sources familiar with the talks said Zuckerberg's direct involvement changed that. The compensation was so significant that Deitke sought advice from trusted peers, many of whom urged him to take the deal. Eventually, he did.
This isn't just a story about money. It signals how aggressively Big Tech is recruiting AI talent as the race to dominate artificial intelligence intensifies.Matt Deitke's path to prominence didn't follow a typical corporate route. He began in a PhD programme in computer science at the University of Washington but left before completion to focus on real-world AI problems. That decision led him to the Allen Institute for AI (AI2) in Seattle, where he quickly stood out.
At AI2, Deitke led the creation of Molmo, a multimodal chatbot capable of processing not just text, but also images and audio. Unlike many language-based models, Molmo was designed to reason through visual and auditory data—an ambitious leap toward more human-like AI. The project was a success. His paper on the subject won an Outstanding Paper Award at NeurIPS 2022, one of the most respected conferences in the field. Out of more than 10,000 submissions, only a handful received the award.
This achievement established Deitke as a serious figure in the AI community, one whose work wasn't just experimental but functional and forward-looking.Molmo (short for Multimodal Language Model) broke away from the conventions of typical AI chatbots. It wasn't limited to written language. It could interpret photos, understand sound inputs, and respond in a way that accounted for context across different formats.The system was capable of spatial reasoning and interpreting real-time sensory input, giving it an edge over traditional large language models that rely purely on text. These features aligned closely with Meta's own AI vision, which aims to build systems that can not only talk but also understand the world in a more layered, perceptive way.Deitke's approach placed him at the forefront of AI research focused on perception and reasoning, two areas critical to advancing general-purpose intelligence.In late 2023, Deitke shifted focus again and co-founded Vercept, a startup aimed at building AI agents that act independently. Unlike typical AI tools that wait for human instructions, Vercept's agents were designed to identify goals, explore the internet, perform actions, and adjust to different digital environments.The idea was simple but bold: build AI that doesn't just respond, but thinks and acts. Vercept launched with just ten employees but quickly gained traction. The company raised $16.5 million in early funding. Among its high-profile backers was Eric Schmidt, former CEO of Google.With that, Deitke showed he wasn't only a researcher but an entrepreneur ready to challenge the industry from outside.Meta's Superintelligence Lab is a cornerstone of its AI ambitions. The company has already spent over $1 billion assembling what some call an "all-star roster." It includes researchers lured from rivals like OpenAI, Anthropic, Apple, and Google.One of the most notable recent hires was Ruoming Pang, who previously led Apple's AI models team. His reported compensation exceeded $200 million. In that context, Meta's $250 million offer to Deitke doesn't seem so out of line—it's part of a broader strategy to corner elite talent before competitors do.Deitke's combination of academic research, product vision, and startup experience made him a rare candidate. He had proven that he could not only theorise about the future of AI but actually build it.Matt Deitke's journey—from dropping out of a PhD to building multimodal systems and rejecting $125 million—has become a symbol of how the AI landscape is shifting. The brightest minds are not just employees anymore. They're independent thinkers, entrepreneurs, and public intellectuals with negotiating power.His eventual decision to join Meta suggests that the influence of Big Tech remains strong, but it's no longer unquestioned. Researchers like Deitke are now in a position to shape the direction of AI on their own terms.And Meta, like its rivals, knows it must offer more than just money. It has to offer vision, control, and the freedom to build what comes next.
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