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- Here’s What You Need to Know About the Blockbuster Meta-Scale . . .
Scale, now valued at $29 billion just nine years after its founding, will remain a separate company, but as part of the investment, Meta effectively poached 28-year-old Scale co-founder and CEO
- Meta buys into Scale AI, raising antitrust alarms - Axios
Meta has finalized a deal to pay around $15 billion in cash for a 49% stake in Scale AI, sources told Axios Why it matters: The deal will help transform Meta's AI efforts, but also raises big questions for the future of Scale, a company best known for labeling data for all the major AI players, including Google and OpenAI
- Meta approached Perplexity before massive Scale AI deal
Meta now has a 49% stake in Scale after its multibillion-dollar investment, though the social media company will not have any voting power Scale AI's founder Alexandr Wang, along with a small
- Meta invests $14. 3B in AI firm Scale and recruits its CEO for . . .
Meta announced what it called a “strategic partnership and investment” with Scale late Thursday Scale said the $14 3 billion investment puts its market value at over $29 billion Scale said it will remain an independent company but the agreement will “substantially expand Scale and Meta’s commercial relationship ”
- How Meta’s Scale Deal Upended the AI Data Industry | TIME
Meta’s $14 3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed Meta acquired 49% of the company in the deal announced last Thursday
- Meta Poaches 28-Year-Old Scale AI CEO After Taking . . .
(Reuters) -Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in
- Zuckerberg makes Metas biggest bet on AI, $14 billion Scale . . .
Meta's Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the social media company better execute on its AI ambitions
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