News

DIGITIMES35m
Meta's acquisition of Scale AI highlights complexities in US-China AI rivalry
Meta's acquisition of Scale AI for a reported US$14.3 billion marks a significant step in its push to strengthen artificial ...
Analysis-Meta's $14.8 billion Scale AI deal latest test of AI partnerships
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...
Can Scale AI and Alexandr Wang reignite Meta’s AI efforts?
Meta has reportedly invested billions of dollars into AI startup Scale AI and hired its CEO, Alexandr Wang, to lead a new AI ...
Meta officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
OpenAI to Continue Working With Scale After Meta Deal, CFO Says
OpenAI said it will continue working with Scale AI after Meta Platforms Inc. made a multibillion-dollar investment in the ...
Meta bolsters data trove with $15 billion stake in startup Scale AI
Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to ...
Meta's Scale AI stake buyout spotlights other major deals amid regulatory risks
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar ...