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.

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

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 ...

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

Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.

Alexandr Wang, the 28-year-old co-founder and former CEO of Scale AI, has stepped down to lead a new superintelligence ...

Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.

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 ...

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

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