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In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.
When Alexander Wang founded Scale AI in 2016, the AI landscape was still in its early stages. The data labelling startup, driven by Wang’s vision, quickly became a key player in the AI landscape, ...
Meta’s multi-billion-dollar bet in artificial intelligence (AI) startup Scale AI is official. The startup announced receiving a “significant investment” from the social-media giant. Rumors regarding ...
As part of the deal, Scale’s founder and CEO, the 28-year-old Alexandr Wang, will be joining Meta to advance the company’s AI efforts.
Meta is in talks to quasi-acquire Scale AI to create a new lab for “super-intelligence.” Although Scale AI pitches itself as ...
Advanced Micro Devices, Inc. (AMD) stock fell on Thursday even as the AI chipmaker unveiled a new product lineup at its annual artificial intelligence (AI)-focused event. At the “2025 Advancing AI” ...
Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has ...
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the ...
Meta is investing $14.3 billion in Scale AI, acquiring a 49% stake, and valuing the company at $29 billion. Scale AI's ...
Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.
Alexandr Wang, co-founder and CEO of Scale AI, will soon join Meta after a $14.3 billion deal. Meta continues expanding its efforts in the artificial intelligence sector, and Wang will head a new ...