Meta Scale AI Financials

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Scale AI Taps Jason Droege

Meta effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI

Meta Platforms Inc. Chief Executive Mark Zuckerberg’s effort to scale up the company’s artificial-intelligence ambitions took their latest step forward with an investment in ScaleAI and the poaching of the the data-labeling AI startup’s founder.

The Manila Times on MSN · 2d

Meta Finalizes $14.3 Billion Investment in Scale AI, Sources Say, Poaching CEO Wang

Scale said late on Thursday that the deal values it at $29 billion and its CEO Alexandr Wang will join Meta to play a prominent role in the Facebook owner's AI strategy.

Amazon S3 on MSN · 2d

Scale AI Taps Jason Droege As CEO After Meta's Multibillion-Dollar Investment

Scale AI plans to name Chief Strategy Officer Jason Droege as its next CEO following a multibillion-dollar investment from Meta, Bloomberg reported. Founder and current CEO Alexandr Wang is expected to leave the data-labeling startup and join Meta as part of the deal,

2don MSN

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 ...

Stocktwits on MSN2d

OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays Wary

OpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...

3don MSN

Is Meta really spending $15 billion to hire a 28-year-old?

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

Meta scales up AI push

Technology Technology The Big Story Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company ...

Crypto Biz: Meta’s AI bet, Fortune 500’s stablecoin push

Stablecoins gain traction with Fortune 500 firms as banks worry. Meta acquires Scale AI in a $15 billion deal to chase AI ...

The Information6d

What Meta-Scale AI Deal Could Mean; Cursor’s Explosive Revenue

Before we get to today’s column, here’s something to noodle on.On Friday, word spread widely across the industry that an unnamed public company was going to invest a cool $10 billion in an unnamed ...

Analytics Insight5d

Meta Stock Reacts to Bold $15B AI Investment

Key Takeaways Meta invests $15B in Scale AI to boost its Artificial Intelligence capabilities.The deal positions Meta as a ...

Bloomberg L.P.2d

OpenAI to Continue Working With Scale After Meta Deal, CFO Says

OpenAI said it will continue working with Scale AI after Meta Platforms Inc. made a multibillion ... are going to happen,” OpenAI Chief Financial Officer Sarah Friar said at the VivaTech tech ...

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