News

Meta Investors cheer as Mark Zuckerberg doubles down on AI commitment
Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering ...
Meta is creating a new AI lab to pursue ‘superintelligence’
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the ...
Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
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 ...
Tech Wire Asia49m
Google to cut ties with Scale AI after Meta buys stake
Google and other AI companies are cutting ties with Scale AI after Meta bought a 49% stake in the data-labeling firm.
Meta invests $14.3 billion in AI firm Scale, recruits its chief for ‘superintelligence’ team
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...