News

Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is ...
Meta’s $15 Billion Scale AI Deal Could Leave Gig Workers Behind
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...
5 things to know about Alexandr Wang, the buzzy Scale AI founder
Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.
Meta to pay nearly $15 billion for Scale AI stake, The Information reports
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information ...
Meta is paying $14 billion to catch up in the AI race
As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...
Factbox-Meta's Scale AI Stake Buyout Spotlights Other Major Deals Amid Regulatory Risks
The Scale AI deal comes when Meta, which has a market value of $1.77 trillion, contends with antitrust scrutiny surrounding its acquisitions of WhatsApp and Instagram. Here are Meta's major deals over ...
Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race
Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its ...
Observer2d
Meta Eyes Scale AI, a Quiet Data Powerhouse, in $10B A.I. Push
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts ...