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Meta’s $60 billion investment in AI is not just a testament to the company’s commitment to technological advancement; it represents a transformative journey towards a future where AI is ...
Meta was reportedly pouring more than $10 billion into San Francisco-based Scale AI, and acquires its 28-year-old CEO amid fierce competition in the AI race with rivals such as OpenAI, Google and ...
Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms META -1.46% that will see its founder, Alexandr Wang, join the social-media giant to work on ...
Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
AI Meta Investing $14.8B In Scale AI, Looks To Build ‘Superintelligence’: Reports By Joseph F. Kovar June 10, 2025, 4:06 PM EDT ...
Meta said on Thursday that it planned to invest $14.3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing "superintelligence" at the tech giant.
Investment bank DA Davidson believes that Meta (META) is facing significant challenges. However, it kept its $650 price target and Buy rating on META stock. Meta’s Key Challenges ...