Meta, Scale AI
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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 is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
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Stocktwits on MSNOpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays WaryOpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a significant stake in the AI data provider. A Reuters report said OpenAI’s Chief Financial Officer,
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GlobalData on MSNGoogle to terminate Scale AI partnershipAlphabet’s Google plans to end its relationship with Scale AI, an AI data-annotation startup, after Meta acquired a 49% stake in the company, valuing it at $29bn, reported Reuters. As Scale AI’s largest client,
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
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’s multibillion-dollar investment in data annotation startup Scale AI is reportedly prompting major clients—including Google and Microsoft—to
Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander Wang joined Meta, as concern for data security grows.
Google is reportedly cutting ties with Scale AI after a significant investment by Meta, indicating rising concern among Scale’s top customers regarding the company's independence.Initially, the company planned to pay up to $200 million
Google and other AI companies are cutting ties with Scale AI after Meta bought a 49% stake in the data-labeling firm.
Meta Platforms (NasdaqGS:META) has announced significant developments, including a $14 billion investment in Scale AI to enhance artificial intelligence capabilities, alongside a strategic partnership with XGS Energy for geothermal energy projects.