Meta, Scale AI
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Meta is making an investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing "superintelligence" at the tech giant.
17hon MSN
Meta CEO Mark Zuckerberg said earlier this year that his company will be investing heavily in artificial intelligence in 2025. And on Thursday, he put his money where his mouth is, with the parent company of Facebook and Instagram investing $14.
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has unveiled plans for a new artificial intelligence research
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core team from Character.AI (a deal Zuckerberg passed on). “Opportunities of this magnitude often come at a cost,” Wang wrote in his note to employees this week. “In this instance, that cost is my departure.”
Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, while Bloomberg reported that the cost of Meta’s investment in Scale AI was $14.3 billion, citing sources. Bloomberg had previously reported that Scale and Meta were in talks.
2don MSN
Meta is betting big on a new superintelligence lab, luring talent with massive paychecks and bringing in Scale AI’s Alexandr Wang—but insiders warn that deep internal dysfunction could sabotage the effort.
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.
Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape.
The Register on MSN15h
Meta offered one AI researcher an eight-figure salary to join upMark Zuckerberg reached out to our source directly Exclusive Meta has made lavish and lucrative offers to a select set of AI researchers in an effort to develop superintelligent AI.… CEO Mark Zuckerberg himself has taken to emailing job offers to elite talent.