Meta $14B Scale AI Investment

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Scale AI CEO leaving

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· 3d

$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab

Meta commits $14 billion to Scale AI, kick-starting an in-house superintelligence lab, its boldest AI financing yet.

· 4d · on MSN

Scale AI CEO leaving after $14B deal with Meta

WinBuzzer · 4d

Meta Invests $14B in Scale AI Deal in a High-Stakes Bid for AI Supremacy, CEO Alexandr Wang Steps Down

· 1d

Meta Investors cheer as Mark Zuckerberg doubles down on AI commitment

“This shows Meta is committed to making the investments it needs to maintain its leadership, and while the stock has had a nice run, we’re still bullish on the long-term opportunity.”

Digi Times · 16h

Meta gets out its checkbook to catch up in the AI race

Digi Times · 1d

Scale AI's data neutrality under question: Meta stake reportedly sparks client exodus

InvestmentNews4d

Meta just made a $14B investment to boost AI capabilities

Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal that signals a heightened push by the social media giant to catch up on AI development.

Bloomberg L.P.4d

Meta Finalizes $14.3 Billion Scale Investment, Hires Its CEO

Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter.

The Hill3d

Meta invests in Scale AI, hires CEO to work on ‘superintelligence’

Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The ...