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Meta made waves last week with its blockbuster investment in startup Scale AI, whose CEO will join Meta's new Superintelligence Lab. But the deal is raising questions about "acquihire" arrangements, ...
Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to sever ties over concerns of competitive neutrality. The move jeopardizes ...
Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3 billion investment in Scale AI. The deal ...
Google is reportedly ending its relationship with Scale AI due to Meta's acquisition of a significant stake, raising concerns ...
America's most desirable tech worker has an advanced degree, and soft skills, in common.
Born to Chinese immigrant parents, who worked as nuclear physicists at Los Alamos National Laboratory, Wang gained early ...
Google, the largest client of data‐labeling firm Scale AI, is planning to end its contract, according to Reuters. This ...
LARRY ELLISON, ORACLE co-founder, saw his wealth increase by $26 billion. ORACLE's stock rose after strong earnings. ELLISON ...
The deal, announced on Thursday, was Meta's second-largest. It gives the owner of Facebook a 49% nonvoting stake in Scale AI, which uses gig workers to manually label data and includes among its custo ...
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