News

Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Here’s What You Need to Know About the Blockbuster Meta-Scale AI Deal
Here’s what you need to know about the deal, what its implications may be, and why Wang is of such interest to Zuckerberg’s ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal
A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...
DIGITIMES1h
Meta's acquisition of Scale AI highlights complexities in US-China AI rivalry
Meta's acquisition of Scale AI for a reported US$14.3 billion marks a significant step in its push to strengthen artificial ...
OpenAI to continue working with Scale AI after Meta deal
OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to take a 49% stake in the artificial ...
Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...
DIGITIMES1h
Scale AI's data neutrality under question: Meta stake reportedly sparks client exodus
After Meta Platforms acquired up to a 49% stake in Scale AI, major clients like Alphabet, Microsoft Azure, and Elon Musk's ...
Analysis-Meta's $14.8 billion Scale AI deal latest test of AI partnerships
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...