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Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has ...
The deal values data-labeling startup Scale AI at $29 billion, as Meta aims to catch up with rivals such as OpenAI and Google ...
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Benzinga on MSNMeta Takes 49% Stake in Scale AI for $14.3B, Brings CEO Wang to Lead Superintelligence UnitMeta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new ...
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Cryptopolitan on MSNMeta executes $14.3B investment to accelerate AIMeta has finalized a huge $14.3 billion investment in Scale AI, a fast-growing company that builds tools to train AI systems.
Meta is making a $ ... Meta deal will mean for Scale's other customers. Wang has also sought to build close relationships with the U.S. government, winning military contracts to supply AI tools ...
Meta is making its ... that it planned to invest $14.3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed ...
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