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Meta Invests $14B in Scale AI Deal in a High-Stakes Bid for AI Supremacy, CEO Alexandr Wang Steps Down
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 partnership's military ties.
Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive ...
Google could back away from Scale AI following Meta’s huge investment in the company. Microsoft is reportedly looking to back away as well, while OpenAI allegedly made a similar decision a ...
Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter.
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 ...
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