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Meta Platforms, Inc.s accelerates its AI strategy with a $14.3B Scale AI investment. Click for META's long-term potential and overlooked risks shaping the market.
Zuckerberg is picking off top talent from across the industry, and OpenAI might be more vulnerable than most.
Meta itself is projected to spend $65 billion on AI and data centers in 2025, with the Scale AI deal representing nearly a quarter of that budget. At its core is the understanding that annotated ...
You don't need to own Meta stock to feel its impact. Learn how AI is shifting market trends that affect your savings.
Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and ...
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.
According to data compiled by SignalFire, Meta lost 4.3% of its top talent to AI labs in 2024. Meta isn’t betting on only Scale AI to reignite its AI efforts, but also on Wang to lead the ...
June 12 (Reuters) - Facebook-owner Meta , opens new tab has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to ...
Meta is pumping $14.3 billion into Scale AI as part of the deal, and will have a 49% stake in the artificial intelligence startup, but will not have any voting power, a Scale AI spokesperson said ...
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.