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 ...

Meta made waves last week with its blockbuster investment in startup Scale AI, whose CEO will join Meta's new Superintelligence Lab. But the deal is raising questions about "acquihire" arrangements, ...

Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.

Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...

Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to sever ties over concerns of competitive neutrality. The move jeopardizes ...

Citi is maintaining its bullish stance on Meta Platforms (NASDAQ:META), reiterating a Buy rating and a $690 price target following the tech giant’s $14.3 billion investment in Scale AI. The deal ...

With CEO Mark Zuckerberg pushing AI across all products, from smart glasses to Instagram and WhatsApp, Meta wants to lead the ...

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has unveiled plans for a new artificial ...

Meta Platforms has finalized a massive $14.3 billion investment in Scale AI, acquiring a 49% stake in the data-labeling ...

Meta invests $14.3B in Scale AI, appointing CEO Alexandr Wang to lead its superintelligence unit. Learn how Wang's journey is ...

In a bold move to rejuvenate its lagging artificial intelligence division, Meta has invested $14.3 billion to acquire a 49% ...

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...