News

Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Meta invests $14.3 billion in AI firm Scale, recruits its chief for ‘superintelligence’ team
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Meta’s AI push drives stock higher: is there further upside or is the stock fully priced?
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...
Google Breaks Ties with 'Scale AI' Following Meta's Power Move as AI Data War Escalates
Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander ...
Meta officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Meta’s effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI
Meta Platform Chief Executive Mark Zuckerberg’s efforts to shape up the company’s artificial-intelligence ambitions took a ...