News

Meta’s effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI
Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, ...
Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports
Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, ...
Asianet Newsable on MSN2d
Meta Reportedly Finalizing $15B Stake in Scale AI, Taps Alexandr Wang To Lead ‘Superintelligence’ Lab
According to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment ...
Barchart on MSN2d
Is Meta Platforms Stock a Buy, Sell, or Hold on $15B Scale AI Investment?
Social media titan Meta Platforms (META) is back in the headlines, all thanks to its rapidly expanding ambitions in the world ...
Meta's Zuckerberg hiring for new 'superintelligence' AI team, Bloomberg News reports
Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial ...
Meta investing in Scale AI could boost AI exposure, provide 'positive catalyst:' SA analysts
If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial ...
24/7 Wall St.4d
Meta To Dump $10 Billion Into AI
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 ...