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Benzinga on MSN17m
Meta Takes 49% Stake in Scale AI for $14.3B, Brings CEO Wang to Lead Superintelligence Unit
Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new ...
Quick Facts on Alexandr Wang: The 28-Year Old CEO Poached by Meta to Disrupt Global AI Strategy
Scale AI plans to use the proceeds from Meta's investment to drive innovation and deepen relationships with key customers.
UPI4h
Scale AI CEO leaving after $14B deal with Meta
Scale Chief Strategy Officer will take over as chief ... As part of this, we will deepen the work we do together producing data for AI models and Alexandr Wang will join Meta to work on our ...
The Register on MSN1h
Meta offered one AI researcher an eight-figure salary to join up
Mark Zuckerberg reached out to our source directly Exclusive Meta has made lavish and lucrative offers to a select set of AI ...
Meta parks $14.3 billion in AI firm Scale, gets CEO onboard to head 'superintelligence' team
Meta ( NASDAQ: META) announced a $14.3 billion investment in artificial intelligence firm Scale, acquiring a 49% stake and ...