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and Elon Musk ‘s xAI, are also reportedly distancing themselves from Scale AI. Google, Microsoft, xAI and Scale AI did not immediately respond to Benzinga’s request for comment.
New details emerge on Meta’s $14.3B deal for Scale Meta’s deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a team developing “superintelligence” at the tech giant.
A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms Inc.’s $14.3 billion mega investment in the artificial intelligence ...
Meta has invested $15 billion into data-labeling startup Scale AI and hired its co-founder, Alexandr Wang, as part of its bid to attract talent from rivals in a fiercely competitive market. The ...
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. The ...
Meta has bought nearly half of Scale AI for $15 billion. In theory, that's because Mark Zuckerberg wants to secure Scale AI's data services. But this looks like an acquihire.
The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost half owned by Mark Zuckerberg’s tech empire.
Steelmaker ArcelorMittal's Canadian long products unit said on Wednesday that it was laying off 153 workers as part of a restructuring of its wire drawing activities.
AI Industry meta superintelligence Meta invests $14.8 billion in Scale AI to accelerate superintelligence ambitions Scale AI's CEO Alexandr Wang will lead a newly formed research lab at Meta By ...
Meta Platforms (NASDAQ:META) is reportedly making a $14.8 billion move to deepen its AI efforts, agreeing to buy nearly half of Scale AI, according to a report from The Information.
Mark Zuckerberg is hand-picking top researchers and engineers to join an upcoming AI research lab dedicated to “superintelligence," and Scale AI's Alexandr Wang is on the list.