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Meta Takes 49% Stake in Scale AI for $14.3B, Brings CEO Wang to Lead Superintelligence Unit
Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new ...
The deal is part of the Defense Department's accelerating push to embed artificial intelligence across military decision-making.
As Alexandr Wang walked down the staircase to the open atrium at Scale AI headquarters in San Francisco last June, employees didn’t know if he was still their boss. A day earlier, the data labeling ...
Data quality is crucial for reliable AI systems. Learn how Abaka AI's data infrastructure helps companies manage and evaluate ...
(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal ...
(Reuters) -Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not ...
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