News

Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
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 ...
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 ...
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 ...
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 ...
Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race
Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its ...