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The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information ...
Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the ...
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...
Meta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was ...
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s ...
Meta agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported.
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...