Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as ...

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...

Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties ...

Mark Zuckerberg is doing all he can to leapfrog Generative AI and develop machines that can ‘think’. The challenge is of ...

Following the investment, Scale AI has appointed Jason Droege, its chief strategy officer, as interim CEO. Droege, who joined ...

Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...

Data is the battleground, and Scale’s pipelines may just be the most valuable trenches.” This comment in a recent industry report captures the thinking behind Meta’s splashy $15 billion buyout of ...

The momentum seems to be going strong throughout Q2, with Meta recently announcing a $14.3 billion investment for a 49% stake in Scale AI, which will further solidify its leadership in the space.

Alexandr Wang, co-founder and CEO of Scale AI, will soon join Meta after a $14.3 billion deal. Meta continues expanding its efforts in the artificial intelligence sector, and Wang will head a new ...

Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering ...

Meta is nearing a $15 billion investment in Scale AI, bringing CEO Alexandr Wang onboard to co-lead a new AI lab.

CEO of Scale AI Alexandr Wang ... The deal was good news for Meta, which was widely seen as falling behind in the AI race and in need of new AI leadership, and for Wang, who at 28 will become ...