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OpenAI said it will continue working with Scale AI after Meta Platforms Inc. made a multibillion-dollar investment in the startup, as it seeks to maintain a broad ecosystem of data sources.
Meta Platform Chief Executive Mark Zuckerberg’s efforts to shape up the company’s artificial-intelligence ambitions took a step forward with an investment in ScaleAI and the poaching of its founder. Meta’s investment values the data-labeling AI startup at over $29 billion,
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 that signals a heightened push by the social media giant to catch up on AI development.
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Asianet Newsable on MSNMeta Reportedly Finalizing $15B Stake in Scale AI, Taps Alexandr Wang To Lead ‘Superintelligence’ LabAccording to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.
Social media titan Meta Platforms (META) is back in the headlines, all thanks to its rapidly expanding ambitions in the world of artificial Intelligence (AI). Reports claim that Meta is closing in on a massive investment,
Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities,
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If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial intelligence and provide a “positive catalyst” for the stock. Read for more.
Meta is making another big AI investment. It is called ScaleAI. It is not an industry leader yet, but it is a chance for Meta to grow.