Meta to acquire 49% stake in Scale AI
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Meta has reportedly invested billions of dollars into AI startup Scale AI and hired its CEO, Alexandr Wang, to lead a new AI research lab. So what does that mean for Meta and the rest of the AI ecosystem?
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.
The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.
Mark Zuckerberg is hand-picking top researchers and engineers to join an upcoming AI research lab dedicated to “superintelligence," and Scale AI's Alexandr Wang is on the list.
Zuckerberg is said to be buying nearly half of Scale AI — and recruiting the company’s CEO, too
CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Meta agreeing to take a nearly $15 billion stake in Scale AI.
Meta taps Alexandr Wang to lead its bold new AI superintelligence lab, aiming to catch up with giants like OpenAI and Google. Meta CEO Mark Zuckerberg is personally recruiting top talent, including Wang,
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Stocktwits on MSNMark Zuckerberg's Meta Reportedly Eyes Rare $10B External Bet With Scale AI: Retail Traders Are All InSocial media giant Meta Platforms, Inc. (META) is reportedly considering plowing billions into artificial intelligence (AI) technology as the Mark Zuckerberg-led company strives to stay competitive in the red-hot space.