(Reuters) -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 ...

Founded in 2016, Scale AI provides vast amounts of labeled data or curated training data, which is crucial for developing sophisticated tools such as OpenAI's ChatGPT. The deal, which has not been ...

Scale AI declined to comment and Meta did not immediately respond to Reuters request for comment outside regular business hours. Founded in 2016, Scale AI is a data labeling startup backed by tech ...

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 ...

(Reuters) -Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not ...

Scale AI said Meta has made a "significant new investment" in the company that values the startup at $29 billion. As part of the deal, Scale AI CEO Alexandr Wang will join Meta to work on ...

Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to talent and data services.

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 ...

Meta is discussing a multibillion-dollar investment in Scale AI, according to Bloomberg.In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment by ...

(RTTNews) - Meta Platforms Inc. (META), the parent company of Facebook, is in discussions to invest several billion dollars into artificial intelligence startup Scale AI, Bloomberg reported citing ...

Scale was last valued at $14 billion in 2024, with Meta already on its cap table. Scale AI adapts to AI’s next frontier with expert workforce. Scale’s rise mirrors that of OpenAI in many ways.

Meta Platforms (NASDAQ:META) is in advanced discussions to invest potentially more than $10 billion into artificial intelligence startup Scale AI, Bloomberg News reported Sunday, citing people ...