Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Tuesday, June 10th, and I'm your host, Kim Khan. Our top story so far. Meta Platform CEO Mark Zuckerberg is personally assembling a team of experts to advance artificial general intelligence.

Bloomberg says Zuckerberg has prioritized recruiting for the new team, referred to internally as

the superintelligence group. He intends to recruit from a group of AI researchers and engineers

whom he has met with in recent weeks at his homes in Lake Tahoe and Palo Alto. Artificial General

Intelligence, or

AGI, refers to a machine that has the ability to understand or learn any intellectual

task that a human can. Zuckerberg is building the team simultaneously with a potential

$10 billion investment in Scale AI, which offers data services to help companies train their

models. Scale AI founder Alexander Wang is anticipated to join the group after the deal is done.

The CEO plans to recruit nearly 50 people for the new team, including a new head of AI research,

almost all of whom he is recruiting personally.

Tuckerberg's plans to get more hands-on in recruiting are driven, in part, by frustration

over the performance and reception of

META's Lama 4. Among active stocks, Morgan Stanley called Coca-Cola a top pick in the beverages

sector, as it reiterated an overweight rating. Analyst Darra Messenian and his team see sustained

organic sales growth for Coca-Cola at a pace far above peers, aided by strong pricing power

and solid historical volume growth. The company has also seen sustaining its market share gains

in a benign competitive environment. In terms of new brands, the Fairlife acquisition is seen as

providing a major boost. IBM has announced plans to build the world's first large-scale,

fault-tolerant quantum computer by

2029 at its new quantum data center in Poughkeepsie. Fault-tolerant architecture can operate when

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