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Meta officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
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 ...
TipRanks on MSN10h
Meta Platforms (META) Bets $14.3 Billion on ‘Superintelligence’ to Secure AI Crown
Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms ($META) delivered a blockbuster Q1, ...
Meta paying nearly $15B for 49% stake in Scale AI as Zuckerberg ramps up AI efforts: report
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
EconoTimes3d
Meta’s $14.8B Stake in Scale AI Sparks Antitrust Scrutiny Amid Google Fallout
Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...
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Meta to pay nearly $15 billion for Scale AI stake, The Information reports
(Reuters) -Meta Platforms ... concerns related to its acquisitions of Instagram and WhatsApp. According to The Information report, the structure for the potential deal with Scale AI could be ...
GlobalData on MSN5d
Meta to acquire 49% stake in Scale AI for $15bn
Meta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was ...