Meta is investing $14.9 billion total for a 49% stake in the startup, according to several reports. Scale AI provides data labeling services that help train and produce AI large language models.

Meta Platforms Inc. is spending a fortune to assemble the brightest minds in artificial intelligence. Chief Executive Officer ...

Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.

Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.

Whether consumer-focused Meta will be able to convert its huge AI spending into bigger profits than business-focused players ...

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta Platforms' $14.3 billion acquisition of a 49% stake in artificial intelligence company Scale AI will enable the social platform to foreclose competition in data annotation -- which is key to ...

Why? Well, Meta’s $14.3 investment managed to get it a 49% stake in the company. Scale’s CEO, Alexandr Wang, also joined Meta to lead the comapny’s efforts to develop “superintelligence.” ...

Meta Platforms is offering nine-figure deals to attract top AI talent; Tesla CEO Elon Musk remains unimpressed by the ...

Scale AI’s 28-year-old founder, Alexandr Wang, will leave Scale to lead Meta’s “superintelligence” team. Meta likely values Wang’s experience in building a multibillion-dollar AI business.

Meta risks overinvesting in AI infrastructure while underinvesting in elite AI talent. Click to read about the factors that ...

Meta faces risks from AI investments, regulations, and Reality Labs spending, posing challenges to margins and growth. Learn ...