Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, ...

Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its ...

Oil prices surge after Israel attacks Iran, FTSE 100 drops after all time high - Stock market reaction and business news for ...

Scale AI Gets Meta Investment That Values It at More Than $29 Billion The data-labeling company said proceeds from the investment will be distributed to its shareholders, accelerate innovation and ...

Meta is investing $14.3 billion for a 49% stake in Scale AI and has hired its CEO, Alexandr Wang, to lead a new AI superintelligence lab.

ADAM SEGAL is the Ira A. Lipman Chair in Emerging Technologies and National Security and Director of the Digital and Cyberspace Policy Program at the Council on Foreign Relations. From April 2023 to ...

Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.

With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.