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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 has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar ...
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s ...
Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Here’s what you need to know about the deal, what its implications may be, and why Wang is of such interest to Zuckerberg’s ...
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
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GlobalData on MSNMeta to acquire 49% stake in Scale AI for $15bnMeta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was ...
Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...
Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and ...
(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal ...
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