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According to Bloomberg, Meta will pay at least $10 billion over six years to use Google Cloud servers and storage to expand ...
Meta is spending over $10 billion on Google Cloud over six years, part of a massive investment in AI infrastructure.
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday.
Meta has a 49% stake in Scale AI after investing $14.3 billion into the startup, a deal that included the departure of Scale AI founder Alexandr Wang for the social media company.
Meta has halted hiring in its AI division amid restructuring of its Superintelligence Lab, affecting both new recruits and ...
Scale AI’s interim CEO Jason Droege told employees that the AI company is not ‘winding down’ following the $14.3 billion investment from Meta.
Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.
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