Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.

Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.

Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The investment, ...

Meta and Scale AI have not commented on the discussions. Scale AI is an AI company founded in 2016 that provides data labeling services necessary for training machine learning models.

Meta Platforms Inc. is spending a fortune to assemble the brightest minds in artificial intelligence. Chief Executive Officer ...

SAN FRANCISCO :Alphabet's Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta is taking a 49 per cent stake in the AI data-labeling startup ...

Scale said the added investment puts its market value at over $29 billion. Scale said it will remain an independent company but the agreement will “substantially expand Scale and Meta’s commercial ...

Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter.

Meta has revealed that it has built a GPU cluster equipped with 24,576 NVIDIA H100 GPUs and is using them to train large-scale language models, including Llama 3.