News

Meta finalizes investment in Scale AI, valuing startup at $29 billion
Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday ...
Meta’s $15 Billion Scale AI Deal Could Leave Gig Workers Behind
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...
OpenAI Was Winding Down Work With Scale Months Before Meta Deal
The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost ...
Meta is paying $14 billion to catch up in the AI race
As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...
Meta bolsters data trove with $15 billion stake in startup Scale AI
Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to ...
Meta invests 14.3 billion US dollars for 49 percent of Scale AI
Scale AI CEO Alexandr Wang founds a new AI team at Meta, reporting directly to Mark Zuckerberg. That comes at a cost.
Meta plans big bet on AI’s secret ingredient: human brains
Dystopian thriller “Soylent Green” ends with the hero discovering that the mystery food that sustains New York’s citizens, ...
Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race
Meta’s decision to create an ambitious new “superintelligence” AI research lab headed by Scale AI’s Alexandr Wang is a bold ...