Google Cuts Ties With Scale AI
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Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
Meta has invested $14.3 billion in Scale AI, acquiring a 49% non-voting stake in the company. The transaction values the data infrastructure startup at
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
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.
As per the reports, Meta’s significant external AI investment in Scale AI is noted as the company’s largest to date. This move is unusual for the Mark Zuckerberg-led company, which typically relies on internal research and a more open development approach to advance its AI capabilities.
Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant