Meta, Scale AI
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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.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
Meta Platforms Inc. Chief Executive Mark Zuckerberg’s effort to scale up the company’s artificial-intelligence ambitions took their latest step forward with an investment in ScaleAI and the poaching of the the data-labeling AI startup’s founder.
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The Manila Times on MSNMeta finalizes $14.3B Scale AI investment, poaching its CEO - world's youngest self-made billionaire Alenxandr WangFacebook-owner Meta has finalized the US$14.3 billion purchase of a 49% stake in data-labeling startup Scale AI, according to two sources familiar with the matter.
Despite the $14.3 billion investment that is shaking up the AI landscape, OpenAI's CFO says the company plans to keep working with Scale AI.
Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties with Scale for other data companies