News
Meta beefs up disappointing AI division with $15 billion Scale AI investment
Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an edge in the race to develop more powerful AI models. Zuckerberg has been trying to poach top researchers and engineers from rival groups as he seeks to build out a new “superintelligence” team.
Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year
Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and Microsoft MSFT. If finalized, the deal would rank among the largest private funding rounds in tech history, Bloomberg reports.
Stocktwits on MSN1d
OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays WaryOpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...
Meta Platforms Inc. said it finalized a multibillion-dollar investment in Scale AI and recruited the startup ... The new $29 billion valuation includes the money raised, said the person, who ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback