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Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San Francisco-based company's CEO confirmed on X.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Artificial intelligence startup Scale AI said it received a “significant new investment” from Meta that values the company at more than $29 billion and sees its chief executive join the tech titan.
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.
Meta has finalized its $14.3 billion investment in Scale AI. As part of the deal, Scale AI's founder and CEO Alexandr Wang ...
When Alexander Wang founded Scale AI in 2016, the AI landscape was still in its early stages. The data labelling startup, driven by Wang’s vision, quickly became a key player in the AI landscape, ...
Alexandr Wang finds himself at the centre of a potential $15 billion shake-up as Meta looks to regain its competitive edge.
Meta is in talks to quasi-acquire Scale AI to create a new lab for “super-intelligence.” Although Scale AI pitches itself as ...
AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader ...
Grateful to Alexandr Wang for his visionary leadership — and for the trust to help lead Scale AI into its next chapter. His ...
Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an ...