News

Unlike an acquisition or a transaction that would give Meta a controlling stake, the deal does not require a review by U.S.
Facebook owner Meta's massive $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test ...
Facebook owner Meta's $14.8 billion (A$22.8 billion) investment in Scale AI and hiring of the data-labeling startup's chief ...
Meta lures 28-year-old Scale AI CEO Alexandr Wang to lead new superintelligence unit after a $14.3B investment in his company ...
Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr ...
Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta Platforms has finalized a massive $14.3 billion investment in Scale AI, acquiring a 49% stake in the data-labeling ...
Meta invests $14.3B in Scale AI, appointing CEO Alexandr Wang to lead its superintelligence unit. Learn how Wang's journey is ...
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.