News

How Meta’s $14 Billion Deal Upended the AI Data Industry
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 ...
OpenAI plans to continue working with Scale AI despite rival Meta’s $14.3 billion deal with the company, OpenAI’s CFO says
Despite the $14.3 billion investment that is shaking up the AI landscape, OpenAI's CFO says the company plans to keep working ...
Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
The Information1h
Meta Agreed to Pay up for Scale AI but Then Wanted More for Its Money
The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Meta invests $14.3 billion in AI firm Scale, recruits its chief for ‘superintelligence’ team
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...
Meta is creating a new AI lab to pursue ‘superintelligence’
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Meta-Scale AI deal raises client conflict risk with Google, Microsoft
Google and other big tech companies are rethinking their ties with Scale AI. This follows Meta's significant investment in ...