Meta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company’s AI team, ...

Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms (META) delivered a blockbuster Q1, ...

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...

Facebook-owner Meta has finalized the $14.3 billion purchase of a 49 per cent stake in data-labeling startup Scale AI, ...

The past week has been a steady drip, drip, drip of new details shedding light on Meta Platforms’ $14.3 billion investment in Scale AI and its hiring of the startup’s CEO, Alexandr Wang. The latest ...

Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive ...

Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties ...

Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter. The deal values the startup at ...

Scale AI gained traction by supplying data preparation services for AI models developed by major players like OpenAI, Google, and Microsoft.

In the latest development, Meta's doubled down on its AI strategy with a $14.3 billion investment into Scale AI in exchange for a 49% stake in the start-up. While the tie-up looks to reinforce ...

Scale AI's CEO Alexandr Wang will focus on Meta's AI initiatives, particularly in the development of superintelligence ...