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B in AI infrastructure in 2025, boosting data centres and talent. Projects raise environmental concerns. Stock rises 10%.
Meta said that it expected capex for the year to be between $66bn and $72bn, a slight tweak on a May forecast of $64-72bn.
You don’t need to be Meta to build a data advantage, but you do need to get serious about ground truth operations. The next ...
What happens when one of the world's richest companies decides to go all-in on AI? If you're Mark Zuckerberg, it means ...
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Barchart on MSNSuperintelligence is Powering ‘Super’ Results for Meta Platforms. Should You Buy META Stock Here?Last week, Meta Platforms (META) delivered stellar second-quarter results that sent META stock soaring 11.3% on Thursday, ...
Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup. Interim CEO Jason Droege said in a memo that company ramped up its generative AI capacity "too ...
Meta is reportedly set to invest $15 billion to acquire a 49% stake in Scale AI, in a deal that would make Scale CEO Alexandr Wang head of the tech giant’s new AI unit dedicated to pursuing ...
In a major signal of intent, Meta invested $14.3 billion in Scale AI and has reportedly poached top talent from Apple, OpenAI and Anthropic to join the effort.
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. But there are serious questions over ...
Zuckerberg is picking off top talent from across the industry, and OpenAI might be more vulnerable than most.
Scale AI, which received a $14.3 billion investment from the Facebook parent company last month, will be cutting 200 full-time employees and 500 contractors, according to a report in Bloomberg.
Overview Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. META -0.99% Get Free Report ...
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