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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 has finalised an investment of $14.3 billion in Scale AI, valuing the startup at over $29 billion. Scale CEO Alexandr Wang will join Meta's new AGI-focused unit, with Jason Droege as interim CEO.
Meta Platforms (NASDAQ:META) has made a strategic $14.3 billion investment in Scale AI, valuing the AI data infrastructure startup at over $29 billion. The move marks Metas second-largest deal after ...
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Agence France-Presse on MSNMeta makes major investment in Scale AI, takes in CEOScale AI announced a "significant" new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.Scale AI founder and chief ...
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.
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 ...
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Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday ...
Meta Platforms Inc. said it 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 ...
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