Browsing: Scale AI

Meta is investing $14.3 billion in Scale AI, with CEO Alexandr Wang leaving to join Meta and continue supporting Scale’s mission as a director.

Meta has completed its acquisition of a 49% stake in data labeling startup Scale AI, valuing the company at $29 billion.

Meta is investing nearly $15 billion in Scale AI, valuing the company at over $29 billion. Scale AI’s CEO, Alexandr Wang, will join Meta as a top executive to work on AI efforts.

Meta invests $15 billion in Scale AI, doubling the start-up’s valuation. Explore FT’s coverage with a subscription.

Mark Zuckerberg is assembling a team of 50 AI researchers for a secret ‘superintelligence group’ with a $15 billion investment in Scale.ai, a data labeling company accused of wage theft and labor exploitation.

Meta, a major player in the AI space, is reportedly set to increase its utilization of Scale AI’s data-labeling services, according to a recent report.

Meta is finalizing a deal to invest $14 billion in Scale AI, with plans to hire the company’s co-founder Alexandr Wang to lead a new AI research lab at the social media giant.

Meta plans to acquire a stake in Scale AI, Reddit sues Anthropic over data usage, and autonomous vehicles face vandalism during protests.

Meta is reportedly in discussions for a multi-billion dollar investment in Scale AI, according to Bloomberg TV

Meta is in advanced talks to invest up to $10 billion in Scale AI, a company specializing in data labeling for AI model expansion, as part of its efforts to enhance its AI infrastructure.