Meta Scale AI Financials

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Meta poaches 28-year-old Scale AI CEO

Meta Finalizes $14.3 Billion Investment in Scale AI, Sources Say, Poaching CEO Wang

Scale said late on Thursday that the deal values it at $29 billion and its CEO Alexandr Wang will join Meta to play a prominent role in the Facebook owner's AI strategy.

MarketWatch on MSN · 2d

Meta effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI

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.

Associated Press News on MSN · 3d

Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.The move reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces tough competition from rivals such as Google and OpenAI.

2don MSN

Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...

3don MSN

Is Meta really spending $15 billion to hire a 28-year-old?

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

Stocktwits on MSN2d

OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays Wary

OpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...

Meta scales up AI push

Technology Technology The Big Story Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company ...

Crypto Biz: Meta’s AI bet, Fortune 500’s stablecoin push

Stablecoins gain traction with Fortune 500 firms as banks worry. Meta acquires Scale AI in a $15 billion deal to chase AI ...

Analytics Insight2d

Top Tech News: MI355 AI Chips, Meta invests $15B into Scale AI & More

Good morning, tech fam; here are some quick tech updates for you to catch up on! What’s New Today: AMD’s MI355 launch signals ...

Bloomberg L.P.2d

OpenAI to Continue Working With Scale After Meta Deal, CFO Says

OpenAI said it will continue working with Scale AI after Meta Platforms Inc. made a multibillion ... are going to happen,” OpenAI Chief Financial Officer Sarah Friar said at the VivaTech tech ...

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