Amazon is spending AUD$20 billion to expand its data centre network in Australia to support rising demand for AI and cloud services.

Meta is making a $14 billion investment to significantly ramp up its efforts in the AI race. More details here.

Last week the Facebook parent company bought a 49% stake in Scale AI for $14.3 billion and brought founder Alexandr Wang onto its artificial intelligence research team.

Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the ...

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.

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Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...

Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...

By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...

Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company ...