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Meta finalizes investment in Scale AI, recruits CEO to build AGI team
Meta has announced a finalized investment and strategic partnership with AI startup Scale AI, along with recruiting Scale AI founder and CEO Alexandr Wang to join Meta. Scale AI issued a statement revealing that Meta's significant investment has pushed the company's valuation beyond US$29 billion,
OpenAI to continue working with Scale AI despite Meta’s stake
Investing.com -- OpenAI plans to maintain its working relationship with Scale AI following Meta (NASDAQ: META )’s agreement on Friday to acquire a 49% stake in the artificial intelligence startup for $14.8 billion, according to OpenAI CFO Sarah Friar.
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Meta’s $15 Billion Bet on Scale AI Signals a New Era of Talent Wars and Data Dominance in AIData 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 ...
Meta has invested $14.3 billion in Scale AI, acquiring a 49% non-voting stake in the company. The transaction values the data ...
Meta has introduced a new artificial intelligence tool called Emu Video that enables users to insert themselves into ...
Meta partners with XGS Energy to bring 150MW of geothermal power online by 2030, fueling AI ambitions sustainably.
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Meta backs 150 MW geothermal power plant in bid for 24/7 clean energyMeta partners with XGS Energy to develop a 150 MW geothermal power plant in New Mexico, focusing on clean, round-the-clock ...
Meta's automation of AI ads and commitment to nuclear energy position it as a leader in AI monetization and sustainable ...
Once relegated to compliance teams, privacy is becoming a strategic lever for go-to-market advantage, customer ...
Meta Platforms (NasdaqGS:META) experienced a price increase of nearly 12% over the past month. This rise aligns with the broader market performance, which has seen an increase of 13% over the last ...
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