News

Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Meta invests $14.3B in AI firm Scale and recruits its CEO for ‘superintelligence’ team
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Google, Microsoft, Elon Musk's xAI Reportedly Cut Ties With Scale AI After Mark Zuckerberg's Meta Buys Stake
Google is planning to end its business relationship with Scale AI after its rival, Meta Platforms Inc (NASDAQ: META), ...
Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is ...