Meta, AI lab and superintelligence
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Cloud computing and semiconductor stocks have been at the forefront of the tech bull market throughout the AI revolution.
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally can last.
Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
2don MSN
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a team developing “superintelligence” at the tech giant.
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
Meta's acquisition of Scale AI for a reported US$14.3 billion marks a significant step in its push to strengthen artificial intelligence capabilities, joining the growing wave of US tech giants leveraging acqui-hire deals to stay competitive in the generative AI race.
3don MSN
The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for developing AI models.