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But there’s more to the agreement for Scale than a major cash infusion and partnership. Forbes has learned that Meta intends to pay Scale at least $450 million a year for five years for its AI ...
Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms that will see its founder, Alexandr Wang, join the social-media giant to work on its AI efforts, an ...
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial ...
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Scale AI founder Alexandr Wang told employees in a memo on Thursday that he’s leaving for Meta, confirming reports from earlier in the week about his ...
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...
Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
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Meta has made a massive move in the AI world by investing $14.3 billion in Scale AI. This deal gives Meta a 49% stake in the data-labeling company, which is now valued at $29 billion. The partnership ...