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Meta Discussed Buying Perplexity Before Investing in Scale AI
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, according to people familiar with the matter.
Meta beefs up disappointing AI division with $15 billion Scale AI investment
Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an edge in the race to develop more powerful AI models. Zuckerberg has been trying to poach top researchers and engineers from rival groups as he seeks to build out a new “superintelligence” team.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Meta Inc. failed to acquire SSI, a $32B AI startup. Now, they are focused on recruiting top talent after bringing in Scale AI's CEO.
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If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial ...
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META Q1 EPS Preview: Expectations & AI InitiativesImage Source: Zacks Investment Research The options market ... That said, many investors underestimate companies like Meta, which leverage AI in unique ways. For instance, META has integrated ...
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as ...
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