By Laila Kearney NEW YORK (Reuters) -Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced ...

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.

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

Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday ...

Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal that ...

Meta Platforms on Thursday finalized a deal to invest $14.3 billion in Scale AI, according to a Scale spokesperson. Through the deal, Meta will acquire a 49% stake in the data labeling startup. Scale ...