News

OpenAI Was Winding Down Work With Scale Months Before Meta Deal
The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost ...
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’s $15 Billion Scale AI Deal Could Leave Gig Workers Behind
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...
Meta bolsters data trove with $15 billion stake in startup Scale AI
Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to ...
Report: Meta taps Scale AI’s Alexandr Wang to join new ‘superintelligence’ lab
Mark Zuckerberg is hand-picking top researchers and engineers to join an upcoming AI research lab dedicated to ...
InvestmentNews1h
Meta just made a $14B investment to boost AI capabilities
Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive ...
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is ...
Meta is paying $14 billion to catch up in the AI race
As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...