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Meta beefs up disappointing AI division with $15 billion Scale AI investment
Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an edge in the race to develop more powerful AI models. Zuckerberg has been trying to poach top researchers and engineers from rival groups as he seeks to build out a new “superintelligence” team.
Meta just made a $14B investment to boost AI capabilities
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 signals a heightened push by the social media giant to catch up on AI development.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Meta Platforms Inc. Chief Executive Mark Zuckerberg’s effort to scale up the company’s artificial-intelligence ambitions took ...
Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and ...
Google, Scale AI's biggest client, intends to shift its $200 million workload for human-labeled training data to rival ...
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.
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.
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