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 officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
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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’s AI push drives stock higher: is there further upside or is the stock fully priced?
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...
Meta Gets Out Its Checkbook to Catch Up in the AI Race
Mark Zuckerberg’s investment in Scale AI and its founder, Alexandr Wang, shows how artificial-intelligence startups have ...
Meta’s Scale AI deal to cost latter big clients, including Google and Microsoft
Google and other big tech companies are rethinking their ties with Scale AI. This follows Meta's significant investment in ...
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Meta's acquisition of Scale AI highlights complexities in US-China AI rivalry
Meta's acquisition of Scale AI for a reported US$14.3 billion marks a significant step in its push to strengthen artificial ...
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 ...