Meta poaches 28-year-old Scale AI CEO
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The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost half owned by Mark Zuckerberg’s tech empire.
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,
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Jackie Davalos reports on Big Tech’s “acqui-hire” strategy for artificial intelligence that is drawing scrutiny from regulators.
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 talent and data services.
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.
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.
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
Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its recent Llama 4 flop and ongoing AI talent departures.