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META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.
Meta Chief Executive Mark Zuckerberg announced plans to invest hundreds of billions of dollars over the next several years to ...
Key Points Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million.The trade represents 0.07% of 13F reportable AUM.Its now 331,918 shares are valued at $245 ...
This followed Meta's $14.3B investment in Scale AI, which involved Scale CEO Alexandr Wang joining Meta to head its superintelligence team, which is focused on artificial general intelligence.
Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal ...
Meta is on a relentless pursuit for AI specialists, with remuneration packages that outstrip those of professional sports ...
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms META-0.96%decrease; red down pointing triangle that will see its founder, Alexandr Wang, ...
Meta beefs up disappointing AI division with $15 billion Scale AI investment Meta's Llama 4 model has underperformed its competitors on benchmarks.
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