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Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
According to a Scale AI spokesperson, Meta is investing $14.3 billion as part of the deal, and will have a 49% stake in the artificial intelligence startup but will not have any voting power ...
Here's what you need to know this week about artificial intelligence in the Bay Area: Altman waxes poetic for a "gentle ...
Meta's $14.3 billion deal with Scale AI and its founder Alexandr Wang shows that the AI race is still wide open and moving ...
Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San Francisco-based company's CEO confirmed on X.
It was another big week for AI-related funding, topped off by Scale AI’s massive new investment from Meta. We also saw big ...
This week brought us many reminders that no startup journey is linear — but the next billion-dollar idea may only be one ...
It’s weeks like these I’m so grateful for our Meta Platforms org chart. CEO Mark Zuckerberg recently made a dizzying number ...
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Two sources familiar with the matter said that Meta's investment in Scale AI amounts to $14.3 billion. The sources said that Scale CEO and co-founder Alexandr Wang will join a new "superintelligence" ...
Nvidia has rebranded Lepton AI as DGX Cloud Lepton and relaunched it in June 2025. According to Nvidia, the service delivers ...