Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has unveiled plans for a new artificial ...

Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr ...

Meta Platforms has finalized a massive $14.3 billion investment in Scale AI, acquiring a 49% stake in the data-labeling ...

Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to ...

Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3 billion investment in Scale AI. The deal ...

Meta lures 28-year-old Scale AI CEO Alexandr Wang to lead new superintelligence unit after a $14.3B investment in his company ...

Meta made waves last week with its blockbuster investment in startup Scale AI, whose CEO will join Meta's new Superintelligence Lab. But the deal is raising questions about "acquihire" arrangements, ...

Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.