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Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Meta has reached a deal with Scale AI for a strategic investment of about $14 billion, according to CNBC. Under the agreement, Meta will acquire a 49 percent stake in the startup. CNBC reports that ...
The deal will value Scale AI at $28 billion, including Meta's fresh investment, doubling its valuation from $13.8 billion ...
Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter ...
Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in ...
Meta was reportedly pouring more than $10 billion into San Francisco-based Scale AI, and acquires its 28-year-old CEO amid fierce competition in the AI race with rivals such as OpenAI, Google and ...
The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company ...
Meta plans to unveil a new AI research lab dedicated to “superintelligence” as the company works to compete in the AI race, according to several reports. Meta has tapped Scale AI founder and ...
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