Scale AI plans to name Chief Strategy Officer Jason Droege as its next CEO following a multibillion-dollar investment from Meta, Bloomberg reported. Founder and current CEO Alexandr Wang is expected ...

Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San Francisco-based company's CEO confirmed on X.

Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to ...

As part of the deal, Alexandr Wang is leaving Scale for Meta, where he’ll work on a new “superintelligence” team (presumably in a leadership role). This isn’t a typical acquihire: only “around four ...

As Meta continues to invest heavily in artificial intelligence (AI) amidst intense industry competition, the tech giant has ...

Mark Zuckerberg reached out to our source directly Exclusive Meta has made lavish and lucrative offers to a select set of AI ...

Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...

FACEBOOK owner Meta has finalized the $14.3 billion purchase of a 49-percent stake in data-labeling startup Scale AI, ...

Meta is investing heavily in Scale AI, valuing the startup at over $29 billion, to accelerate its AI ambitions. This move ...

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...

Meta has struck a $15 billion deal for a 49% stake in Scale AI, a fast-growing data-labelling startup led by 28-year-old CEO ...