Meta Investment in AI

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Meta, Scale AI

Meta invests $14.3B in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant

Reuters on MSN · 6h

Meta finalizes investment in Scale AI, valuing startup at $29 billion

Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday.

Bloomberg · 7h

Meta Finalizes $14.3 Billion Scale Investment, Hires CEO Wang

Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to help oversee its artificial intelligence efforts — an unusual deal that signals a heightened push by the social media giant to catch up on AI development.

16hon MSN

Meta’s $15 Billion Scale AI Deal Could Leave Gig Workers Behind

Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...

Meta is paying $14 billion to catch up in the AI race

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 ...

3don MSN

Meta investing in Scale AI could boost AI exposure, provide 'positive catalyst:' SA analysts

If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial ...

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