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News

Scale AI confirms 'significant' investment from Meta

TechCrunch on MSN · 2d
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
Ars Technica · 2d
Meta beefs up disappointing AI division with $15 billion Scale AI investment
Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an edge in the race to develop more powerful AI models. Zuckerberg has been trying to poach top researchers and engineers from rival groups as he seeks to build out a new “superintelligence” team.
Benzinga · 3d
Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
Stocktwits on MSN2d
OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays Wary
OpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...
2d
Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal
A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...

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