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Meta has hired 28-Year-Old ScaleAI CEO after investing $14.3 billion in the firm, to further its artificial intelligence ...
Meta made waves last week with its blockbuster investment in startup Scale AI, whose CEO will join Meta's new Superintelligence Lab. But the deal is raising questions about "acquihire" arrangements, ...
Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
In a bold move to rejuvenate its lagging artificial intelligence division, Meta has invested $14.3 billion to acquire a 49% ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company of Facebook and Instagram, is investing a ...
The artificial intelligence era won’t be decided only by providers of large language models such as OpenAI. Databricks made a big play at its annual Data+AI Summit in San Francisco this week to lead ...
Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The ...