News

Meta invests $14.3B in AI firm Scale and recruits its CEO for ‘superintelligence’ team
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Google reportedly plans to cut ties with Scale AI
Meta’s massive investment in Scale AI may be giving some of the startup’s biggest customers pause. Reuters reports that ...
Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal
A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
After Meta entry: Google apparently withdraws from Scale AI as a customer
This week, the Meta Group acquired a 49% stake in Scale AI. This has apparently also had an impact on the rest of the Scale ...
Analysis-Meta's $14.8 billion Scale AI deal latest test of AI partnerships
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...
Google Breaks Ties with 'Scale AI' Following Meta's Power Move as AI Data War Escalates
Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander ...