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Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.
Grateful to Alexandr Wang for his visionary leadership — and for the trust to help lead Scale AI into its next chapter. His ...
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 has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to ...
AMD recently showcased its vision for an open AI ecosystem, emphasizing a collaborative approach through new silicon, ...
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 is investing $14.3 billion in Scale AI, acquiring a 49% stake, and valuing the company at $29 billion. Scale AI's ...
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.