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Meta Agreed to Pay up for Scale AI but Then Wanted More for Its Money
The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially ...
Meta is creating a new AI lab to pursue ‘superintelligence’
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the ...
Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Meta’s AI push drives stock higher: is there further upside or is the stock fully priced?
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...
Meta invests $14.3 billion in AI firm Scale, recruits its chief for ‘superintelligence’ team
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...
Axios on MSN5d
Meta's big AI deal could invite antitrust scrutiny
Meta reportedly is planning to invest around $14.8 billion for a 49% stake in Scale AI, with the startup's CEO to join a new ...