Meta, OpenAI and Scale
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InvestorsHub on MSNOpenAI to Keep Working with Scale AI Despite Meta’s Major InvestmentOpenAI will maintain its collaboration with Scale AI, even after Meta Platforms (NASDAQ:META) acquired a significant 49% ownership stake in the startup through a $14.8 billion deal announced Friday. Speaking at the VivaTech conference in Paris,
Google is reportedly ending its $200 million deal with Scale AI, following similar moves by Microsoft and OpenAI.
Meta has invested $14.3 billion in Scale AI, acquiring a 49% non-voting stake in the company. The transaction values the data infrastructure startup at
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.
Barbie-maker Mattel is partnering with OpenAI to develop generative AI-powered toys and games, as the new technology disrupts a wide range of industries, Mattel announced Thursday.
Mattel has entered into a strategic collaboration with OpenAI for AI-powered products and experiences based on its stable of iconic brands.
Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and OpenAI today announced a strategic collaboration to support AI-powered products and experiences based on Mattel's brands.