News

Meta Investors cheer as Mark Zuckerberg doubles down on AI commitment
Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering ...
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 ...
$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 ...
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 ...
DatacenterDynamics6h
After Meta confirms Scale AI investment and hires, Google plans to end partnership
Meta is investing $15 billion into Scale, and will hire its CEO Alexandr Wang and key staff for a new 'superintelligence' AI division in Meta. Wang will remain on Scale AI's board, with the company ...
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 ...
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 ...