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The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
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Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to ...
Key Takeaways Meta invests $15B in Scale AI to boost its Artificial Intelligence capabilities.The deal positions Meta as a ...
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information ...
Meta delayed the release of its flagship “Behemoth” AI model due to concerns about its capabilities ... Scale AI could be designed to avoid more regulatory scrutiny. Scale AI was valued ...
The Scale AI deal comes when Meta, which has a market value of $1.77 trillion, contends with antitrust scrutiny surrounding its acquisitions of WhatsApp and Instagram. Here are Meta's major deals over ...
Meta’s shift to AI-driven assessments for product updates aims to speed up launches but raises concerns about reduced human ...
Meta shares fell after reports of delays in its next-gen AI model due to technical issues and internal conflicts. Ongoing antitrust trial and regulatory pressure added to investor concerns amid ...
Scale AI provides vast amounts of labeled data or curated training data, which is crucial for developing sophisticated tools ...
Meta agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported.