Meta invests $14. 3B in AI firm Scale - BNN Bloomberg Meta is making a $14 3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces
Metas Finalizes Scale AI Investment and Hires CEO - Bloomberg Meta Platforms Inc has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal
Meta Invests $14. 3 Billion in Scale AI - The Wrap The tech giant’s stake in Scale AI — its second-largest deal ever, after the $19 billion it spent to buy WhatsApp in 2014 — reinforces Zuckerberg’s claim that AI is a key focus for Meta
Meta Invests $14. 3 Billion in Scale AI to Kick-Start . . . Meta said on Thursday that it planned to invest $14 3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed
New details emerge on Meta’s $14. 3B deal for Scale What Scale officially announced is that the deal values the company at over $29 billion and that it will “distribute” proceeds to shareholders and vested equity holders (aka employees)
Meta invests $14. 3B in AI firm Scale and recruits its CEO for . . . Meta is making a $14 3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces