Meta, Scale AI
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Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
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 the competitive artificial intelligence landscape.
The new group is part of an ambitious, and costly, effort by Meta CEO Mark Zuckerberg to gain ground on rivals like Google and OpenAI after he was frustrated by the poor reception to the company’s
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Asianet Newsable on MSNMeta Reportedly Finalizing $15B Stake in Scale AI, Taps Alexandr Wang To Lead ‘Superintelligence’ LabAccording to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.
Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities,
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If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial intelligence and provide a “positive catalyst” for the stock. Read for more.
Meta is making another big AI investment. It is called ScaleAI. It is not an industry leader yet, but it is a chance for Meta to grow.