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 a deal to pay around $15 billion for a 49% stake in Scale AI, Axios reported on Thursday, citing ...

Scale AI did not disclose the investment size, but a Wall Street Journal report said earlier this week that Meta could be eyeing a 49% stake, valued at around $14 billion.

Meta has finalised its US$15 billion purchase of a 49% stake in Scale AI and recruited its founder and CEO Alexandr Wang into the social media giant's ‘superintelligence’ unit leading AI development.

Scale AI announced a major new investment by Meta late yesterday that values the startup at more than US$29 billion (RM123 billion) and puts its ...

Scale AI Gets Meta Investment That Values It at More Than $29 Billion The data-labeling company said proceeds from the investment will be distributed to its shareholders, accelerate innovation and ...

As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...

Meta ( NASDAQ: META) announced a $14.3 billion investment in artificial intelligence firm Scale, acquiring a 49% stake and valuing the San Francisco-based company at over $29 billion.