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Meta is investing $14B for a 49% stake in Scale AI, installing its founder in a new 'superintelligence' lab to combat a talent exodus and secure its AI future amid growing controversy over the ...
Scale AI Gets Meta Investment That Values It at More Than $29 Billion The data-labeling company said proceeds from the investment will be distributed to its shareholders, accelerate innovation and ...
Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, ...
Two sources familiar with the matter said that Meta's investment in Scale AI amounts to $14.3 billion. The sources said that Scale CEO and co-founder Alexandr Wang will join a new "superintelligence" ...
Meta has reportedly taken a 49% non-voting stake in Scale AI for USD 14.3 billion and brought CEO Alexandr Wang onto its AI team. The move bolsters Meta's "superintelligence" ambitions as it works to ...
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its ...
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...
Meta ( NASDAQ: META) announced a $14.3 billion investment in artificial intelligence firm Scale, acquiring a 49% stake and valuing the San Francisco-based company at over $29 billion.
Meta has finalized a huge $14.3 billion investment in Scale AI, a fast-growing company that builds tools to train AI systems.
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