Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial ...

Meta Platforms (META-1.88%) is shaking up its artificial intelligence (AI) efforts and the industry as a whole. Earlier this month, it invested a total of $14.3 billion in Scale AI to take a 49% ...

Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, ...

Meta is bringing on Scale AI's CEO Alexandr Wang in a deal worth up to $15 billion to lead a new superintelligence lab and ...

Earlier in the week, Deutsche Bank upgraded Cisco Systems (NASDAQ: CSCO) to Buy from Hold on Monday, a move driven by ...

Deal values Scale AI at $29 billion, sources say Meta spending $14.3 billion Scale AI CEO Wang to run Meta's superintelligence efforts Deal may affect Scale's relationships with Meta's competitors ...

Alexandr Wang, the young billionaire behind Scale AI, a leading AI data labeling platform, recently joined Meta to lead a new ...

Meta's AI leadership fuels growth in advertising and engagement, but recession risks may impact 2025 revenue. See why we are ...