News

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 ...
Inside the privacy risks of Meta’s new AI app
Meta’s push into consumer-facing AI has triggered a wave of concern among privacy experts and regulators, as its new chatbot ...
Meta-Scale AI deal raises client conflict risk with Google, Microsoft
Google and other big tech companies are rethinking their ties with Scale AI. This follows Meta's significant investment in ...
EconoTimes2d
Meta’s $14.8B Stake in Scale AI Sparks Antitrust Scrutiny Amid Google Fallout
Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...
Meta paying nearly $15B for 49% stake in Scale AI as Zuckerberg ramps up AI efforts: report
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
Meta's $14.8 billion Scale AI deal latest test of AI partnerships
Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the ...
Meta Risks Regulatory Scrutiny in Pursuit of Scale AI
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s ...
Meta Eyes Nearly $15 Billion Stake in Scale AI, The Information Reports
Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...
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 ...
GlobalData on MSN5d
Meta to acquire 49% stake in Scale AI for $15bn
Meta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was ...