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News

AI, Meta and Scale

The Wall Street Journal on MSN · 4d
Meta in Talks to Invest $14 Billion in Scale AI, Hire CEO Alexandr Wang
The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.
Benzinga · 1d
Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
Amazon S3 on MSN · 1d
Meta Takes 49% Stake in Scale AI for $14.3B, Brings CEO Wang to Lead Superintelligence Unit
Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new superintelligence division.
2d
Meta Eyes Nearly $15 Billion Stake in Scale AI, The Information Reports
Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...
NewsX
20h
Google To Split With Scale AI After Meta Deal: Report
Google plans to end its Scale AI partnership after Meta's 49% stake, raising fears of data exposure, according to a Reuters report.

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