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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 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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OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays WaryOpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...
Meta Platforms Inc. said it finalized a multibillion-dollar investment in Scale AI and recruited the startup ... The new $29 billion valuation includes the money raised, said the person, who ...
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 ...
From Enterprise AI platform Glean raising $150 million in Series F funding to Apple revealing how reasoning AI models may not ...
Cyera's AI-native platform empowers organizations to discover, classify, and protect sensitive data anywhere, enabling secure AI adoption at enterprise scale. As enterprises rapidly embrace generative ...
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
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