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Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company ...
Scale AI plans to use the proceeds from Meta's investment to drive innovation and deepen relationships with key customers.
The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.
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 Platforms reportedly agreed to acquire a 49% stake in the US-based AI startup for $14.8bn. Sources familiar with the ...
Meta is investing heavily in Scale AI, valuing the startup at over $29 billion, to accelerate its AI ambitions. This move ...
Meta has struck a $15 billion deal for a 49% stake in Scale AI, a fast-growing data-labelling startup led by 28-year-old CEO ...
Meta is bringing on Scale AI's CEO Alexandr Wang in a deal worth up to $15 billion to lead a new superintelligence lab and ...
As per the reports, Meta’s significant external AI investment in Scale AI is noted as the company’s largest to date. This ...
Meta on Monday announced the appointment of Arun Srinivas as the Managing Director and Head for Meta in India. His new role ...