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.

Meta Platforms ( ($META) ) has been popular among investors this week. Here is a recap of the key news on this stock. Meta Platforms is making ...

As Meta vies with rivals like OpenAI, Google, and Anthropic for top AI talent, Droege acknowledged in a company message that ...

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...

Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.

Meta, Scale AI and the startup's investors did ... Behemoth" AI model due to concerns about its ... could be designed to avoid more regulatory scrutiny. Scale AI was valued at $13.8 ...

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Jackie Davalos reports on Big Tech’s ...

Meta's aggressive AI and data center investments raise concerns about capital allocation and long-term returns. Read more on ...

Scale AI’s new leader said the data-labeling startup remains independent from Meta Platforms Inc. despite the social media ...

The next 18 months will be pivotal. If Meta delivers a model that rivals or surpasses ChatGPT, the investment could yield ...