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	<title>bonuses &#8211; Finance News Today</title>
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		<title>South Korea chip workers&#8217; bonuses puts central bank on inflation alert</title>
		<link>https://financenews.one/2026/06/20/south-korea-chip-workers-bonuses-puts-central-bank-on-inflation-alert/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Sat, 20 Jun 2026 09:39:55 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/06/20/south-korea-chip-workers-bonuses-puts-central-bank-on-inflation-alert/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea, Aug. 14, 2017. The won advanced for the first day in four as top U.S. national security officials sought to damp down talk of am imminent war with North Korea following days [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/06/108324360-1781841233943-gettyimages-831221314-SKOREA_WON-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea, Aug. 14, 2017. The won advanced for the first day in four as top U.S. national security officials sought to damp down talk of am imminent war with North Korea following days of heightened rhetoric. Photographer: SeongJoon Cho/Bloomberg via Getty Images</p>
<p>Bloomberg | Bloomberg | Getty Images</p>
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<p>Few workers can say that their bonuses have been so large that the country&#8217;s central bank takes notice. </p>
<p>But in <a rel="nofollow" href="https://www.cnbc.com/korea/">South Korea</a>, that phenomenon is playing out as workers from tech industries receive bonuses worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation. </p>
<p><a rel="nofollow" href="https://www.bok.or.kr/portal/bbs/B0000502/view.do?nttId=10098525&#038;searchCnd=1&#038;searchKwd=&#038;depth=201150&#038;pageUnit=10&#038;pageIndex=1&#038;programType=newsData&#038;menuNo=201265&#038;oldMenuNo=201150" target="_blank">In a June 17 report</a>, the central bank wrote that inflation this year has been largely powered by energy price increases due to the Iran war. But, it adds, even if that conflict subsides, inflationary pressures may gradually increase as income conditions improve and wage growth becomes more widespread.</p>
<p>More notably, the BOK said that the payment of large performance bonuses recently seen at some major companies in the IT sector could spread into broader wage increases, translating to upward pressure on inflation.</p>
<p>This comes as South Korea is already experiencing <a rel="nofollow" href="https://mods.go.kr/board.es?mid=a20109020000&#038;bid=11751&#038;act=view&#038;list_no=445352" target="_blank">above-target inflation</a>, with the BOK <a rel="nofollow" href="https://www.bok.or.kr/eng/bbs/E0000634/view.do?depth=400423&#038;menuNo=400423&#038;nttId=10098207&#038;programType=newsDataEng&#038;relate=Y" target="_blank">projecting that</a> full year inflation will come in at 2.7%, above its 2% target.</p>
<p>The BOK&#8217;s observations come after reports that huge bonuses were paid out to employees at tech companies, especially those at chip heavyweights SK Hynix and Samsung Electronics. </p>
<p>While the exact amount was not disclosed by the companies, SK Hynix <a rel="nofollow" href="https://koreajoongangdaily.joins.com/news/2025-09-04/business/industry/SK-hynix-strikes-deal-with-workers-on-wage-increase-bonus-cap-removal/2391567" target="_blank">agreed</a> <a rel="nofollow" href="https://koreajoongangdaily.joins.com/news/2025-09-04/business/industry/SK-hynix-strikes-deal-with-workers-on-wage-increase-bonus-cap-removal/2391567" target="_blank">last September</a> to a wage deal that will set aside 10% of operating profits as bonuses for its workers. </p>
<p>Samsung workers had <a rel="nofollow" href="https://www.reuters.com/business/world-at-work/samsungs-unionised-workers-south-korea-approve-wage-deal-2026-05-27/" target="_blank">reportedly agreed</a> that 10.5% of its semiconductor operating profit will go towards special bonuses for chip ​workers, after threatening an <a rel="nofollow" href="https://www.cnbc.com/2026/05/21/samsung-electronics-union-strike-suspended-wage-deal-bonuses.html">18-day strike</a> in May. </p>
<p>According to an unidentified <a rel="nofollow" href="https://www.reuters.com/business/world-at-work/samsungs-deal-with-union-hailed-victory-bonuses-less-generous-than-sk-hynixs-2026-05-21/" target="_blank">union source cited by Reuters</a>, a memory chip worker with a base ​salary of 80 million won ($52,400) is expected to receive a total bonus of around 626 million won ($410,000) this year.</p>
<p>SK Hynix employees are expected to receive bonuses of more than 700 million won ($454,851) if the firm achieves an annual profit of 250 trillion won this year, according to Reuters calculations.</p>
<p>The BOK said that normally, bonuses would not contribute much to demand pressure, as they are not permanent increases to income.</p>
<p>But when &#8220;special bonuses expand unusually and substantially,&#8221; wage growth could could spread to other sectors, significantly increasing both supply- and demand-side inflationary pressures, the central bank said. </p>
<p>&#8220;In particular, because recent IT-sector performance bonuses have been paid on a highly exceptional scale, the possibility that their actual impact could be larger than expected cannot be ruled out,&#8221; it added.</p>
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<h2 class="ArticleBody-subtitle"><a rel="nofollow" id="headline0"/>Retail businesses celebrate </h2>
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<p>While the central bank&#8230;</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/06/20/south-korea-tech-samsung-sk-hynix-bonus-bank-of-korea.html">South Korea chip workers&#8217; bonuses puts central bank on inflation alert</a></p>
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		<title>Starbucks to award bonuses to baristas, expand tipping</title>
		<link>https://financenews.one/2026/04/02/starbucks-to-award-bonuses-to-baristas-expand-tipping/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 17:19:41 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/04/02/starbucks-to-award-bonuses-to-baristas-expand-tipping/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ.jpg 1920w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela &#124; Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain&#8217;s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ.jpg 1920w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/04/105239530-RTX66PRZ-1536x864.jpg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>A Starbucks barista fulfills an order in a South Philadelphia store.</p>
<p>Mark Makela | Reuters</p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/SBUX/">Starbucks</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain&#8217;s turnaround efforts, the company said Thursday.</p>
<p>The program will begin in July, with the first payout coming in the fall to store employees who meet or exceed specific sales, operational and customer service metrics, Starbucks Chief Operating Officer Mike Grams and Chief Partner Officer Sara Kelly wrote in a memo to employees on Thursday.</p>
<p>However, baristas at locations represented by Starbucks Workers United likely will not see the quarterly bonuses until Starbucks and the union reach a collective bargaining agreement.</p>
<p>&#8220;This new program, at the approximately 5% of U.S. locations where partners have a union, will be subject to collective bargaining as required by federal law,&#8221; Grams and Kelly said in the letter. </p>
<p>Negotiations between Starbucks and union have been at a standstill for more than a year. In March, the company said that it had proposed to <a rel="nofollow" href="https://www.cnbc.com/2026/03/13/starbucks-workers-united-union-contract-proposal.html">resume in-person</a> bargaining with Workers United. Talks between the two parties are expected to resume this month.</p>
<p>Under CEO Brian Niccol, Starbucks has been undergoing a turnaround focused on getting &#8220;back to Starbucks.&#8221; Much of the strategy has centered on improving the customer experience, from making its cafes cozier to requiring baristas to write messages on cups. </p>
<p>But the turnaround plan also hinges on its baristas and their willingness to carry out Niccol&#8217;s vision. Starbucks has tried to improve the barista experience, with improved staffing and plans to <a rel="nofollow" href="https://www.cnbc.com/2025/06/15/starbucks-news-turnaround-plan-focuses-on-employees.html">add assistant managers</a> to most North American locations this year.</p>
<p>More changes are ahead for baristas. The company also announced on Thursday that it will give customers more methods to tip their baristas. Anyone who orders and pays through the mobile app will be able to tip, as well as customers who scan the app at the register to pay. </p>
<p>Combined with the new bonuses, baristas could see their pay rise as much as 8% as a result, according to the company.</p>
<p>Additionally, all Starbucks U.S. employees will be paid on a weekly basis, starting in August. Currently, most baristas receive their paychecks every other week, depending on local labor laws.</p>
<p>So far, the &#8220;Back to Starbucks&#8221; strategy is starting to pay off for for the company. Last quarter, the <a rel="nofollow" href="https://www.cnbc.com/2026/01/28/starbucks-is-about-to-report-earnings-heres-what-to-expect.html">chain reported</a> traffic growth for the first time in two years.</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/04/02/starbucks-to-award-bonuses-to-baristas-expand-tipping.html">Starbucks to award bonuses to baristas, expand tipping</a></p>
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		<title>OpenAI CEO says Meta attempted to lure employees with $100 million bonuses</title>
		<link>https://financenews.one/2025/07/01/openai-ceo-says-meta-attempted-to-lure-employees-with-100-million-bonuses/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Wed, 02 Jul 2025 00:36:12 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg.jpg 1280w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-768x432.jpg 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>&#8216;Making Money&#8217; host Charles Payne discusses the significance of Big Tech executives joining the U.S. Army&#8217;s executive innovation corps. Meta has allegedly tried to recruit employees from competitor OpenAI by offering bonuses as high as $100 million, OpenAI CEO Sam Altman claimed on a podcast that aired Tuesday. &#8220;[Meta] started making giant offers to a [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg.jpg 1280w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2025/07/altman-zuckerberg-768x432.jpg 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> <br />
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<p>&#8216;Making Money&#8217; host Charles Payne discusses the significance of Big Tech executives joining the U.S. Army&#8217;s executive innovation corps.</p>
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<p><a rel="nofollow" href="https://www.foxbusiness.com/category/facebook" target="_blank" rel="noopener">Meta has allegedly</a> tried to recruit employees from competitor OpenAI by offering bonuses as high as $100 million, OpenAI CEO Sam Altman claimed on a podcast that aired Tuesday.</p>
<p>&#8220;[Meta] started making giant offers to a lot of people on our team,&#8221; Altman said on the Uncapped podcast, which is hosted by his brother. &#8220;You know, like $100 million signing bonuses, more than that [in] compensation per year.&#8221;</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/technology/metas-zuckerberg-aiming-dominate-ai-race-recruiting-push-new-superintelligence-team-report" target="_blank" rel="noopener"><strong>META&#8217;S ZUCKERBERG AIMING TO DOMINATE AI RACE WITH RECRUITING PUSH FOR NEW ‘SUPERINTELLIGENCE’ TEAM: REPORT</strong></a></p>
<p>Meta&#8217;s alleged attempts to recruit OpenAI workers come as the tech giant works to advance its <a rel="nofollow" href="https://www.foxbusiness.com/category/artificial-intelligence" target="_blank" rel="noopener">artificial intelligence</a> strategy and build a superintelligence unit that can meet or exceed human capabilities, according to Reuters.</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/343/192/sam-altman-openai.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/686/384/sam-altman-openai.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/672/378/sam-altman-openai.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/1344/756/sam-altman-openai.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/931/523/sam-altman-openai.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/1862/1046/sam-altman-openai.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/720/405/sam-altman-openai.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/1440/810/sam-altman-openai.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/02/931/523/sam-altman-openai.jpg?ve=1&#038;tl=1" alt="OpenAI CEO Sam Altman speaks in Japan"/></source></source></source></source></picture></div>
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<p><span>Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled &#8220;Transforming Business through AI&#8221; in Tokyo, Japan, on Feb. 3.</span><span> (Tomohiro Ohsumi/Getty Images / Getty Images)</span></p>
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<p>None of OpenAI&#8217;s &#8220;best people&#8221; have so far accepted Meta&#8217;s alleged offers, Altman said.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/technology/meta-signs-20-year-nuclear-power-deal-constellation" target="_blank" rel="noopener"><strong>META SIGNS 20-YEAR NUCLEAR POWER DEAL WITH CONSTELLATION</strong></a></p>
<p>Competition to recruit artificial intelligence workers has reached an all-time high, with some believing that individual workers can heavily influence the trajectory of a <a rel="nofollow" href="https://www.foxbusiness.com/category/fox-news-companies" target="_blank" rel="noopener">company&#8217;s success</a>, Reuters reported.</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/343/192/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/686/384/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/672/378/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/1344/756/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/931/523/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/1862/1046/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/720/405/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/1440/810/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/01/931/523/mark-zuckerberg-meta-2024.jpg?ve=1&#038;tl=1" alt="Meta CEO Mark Zuckerberg speaks during an event while wearing a black t-shirt"/></source></source></source></source></picture></div>
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<p><span>Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event at the company&#8217;s headquarters in Menlo Park, California, on Sept. 25, 2024.</span><span> (Reuters/Manuel Orbegozo / Reuters)</span></p>
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<p>&#8220;I&#8217;ve heard that Meta thinks of us as their biggest competitor,&#8221; the OpenAI CEO said.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/technology/openai-says-state-play-central-role-artificial-intelligence-development" target="_blank" rel="noopener"><strong>OPENAI SAYS THIS STATE WILL PLAY CENTRAL ROLE IN ARTIFICIAL INTELLIGENCE DEVELOPMENT</strong></a></p>
<p>Altman&#8217;s claims follow reports earlier this month that Meta CEO <a rel="nofollow" href="https://www.foxbusiness.com/category/mark-zuckerberg" target="_blank" rel="noopener">Mark Zuckerberg</a> is working on building a superintelligence team from a group of artificial intelligence researchers and engineers. The Facebook owner plans to hire about 50 people for the team and will personally recruit most of the members, Bloomberg News reported.</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/343/192/meta-instagram.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/686/384/meta-instagram.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/672/378/meta-instagram.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/1344/756/meta-instagram.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/931/523/meta-instagram.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/1862/1046/meta-instagram.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/720/405/meta-instagram.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/1440/810/meta-instagram.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/931/523/meta-instagram.jpg?ve=1&#038;tl=1" alt="Meta apps including Instagram, WhatsApp and Facebook on an iPhone with Meta spelled out in white text in background"/></source></source></source></source></picture></div>
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<p><span>The apps Instagram, Facebook and WhatsApp can be seen on the display of a smartphone in front of the logo of Meta.</span><span> (Jens Büttner/picture alliance via Getty Images / Getty Images)</span></p>
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<p>Earlier this year, Zuckerberg announced Meta is investing $65 billion into AI in 2025, including the construction of a <a rel="nofollow" href="https://www.foxbusiness.com/technology" target="_blank" rel="noopener">massive data center</a>.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a></p>
<p>Meta did not immediately respond to Fox Business&#8217; request for comment.</p>
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<br />Read More: <a href="https://www.foxbusiness.com/technology/openai-ceo-accuses-meta-offering-100-million-poach-employees">OpenAI CEO says Meta attempted to lure employees with $100 million bonuses</a></p>
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