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Meta plans to invest $14.3 billion in Scale AI, a start-up that trains artificial intelligence systems, and integrate its CEO into Meta’s new Superintelligence lab leadership.

Legacy tech companies like Meta, Salesforce, and ServiceNow are acquiring data infrastructure firms to stay competitive in AI, with deals involving AI software makers accounting for 75% of tech M&A this year.

Microsoft is reportedly planning to cut thousands of jobs, particularly in its sales department, as it streamlines its workforce amid increased investments in artificial intelligence.

Alberta Innovates is funding a one-year program to help Alberta startups and SMEs validate and commercialize wearable health technology devices.

Amazon’s $10 billion investment in a new high-tech facility in Richmond County, North Carolina, is expected to create 500 high-paying jobs.

Kalshi’s surreal commercial created using Google’s Veo 3 AI video generator aired during Game 3 of the NBA Finals, featuring chaotic scenes that captured viewers’ attention.

Centerview Partners served as the sole investment bank adviser for Meta Platforms Inc.’s massive $14.3 billion investment in Scale AI, valuing the data-labeling startup at over $29 billion.

Meta’s recently launched AI app is sharing user prompts publicly, sparking privacy concerns among users. The app, which competes with OpenAI’s ChatGPT, has been found to share wacky and personal prompts publicly.

Microsoft’s latest Work Trend Index reveals AI and digital connectivity are extending work hours into early mornings, late nights, and weekends, challenging London businesses to adapt

Dot Ai and ShoulderUp Technology Acquisition Corp. announce the closing of their business combination, with Dot Ai set to trade on Nasdaq under ‘DAIC’ and ‘DAICW’ on June 23, 2025.