News

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 ...
Here’s What You Need to Know About the Blockbuster Meta-Scale AI Deal
Here’s what you need to know about the deal, what its implications may be, and why Wang is of such interest to Zuckerberg’s ...
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Analysis-Meta's $14.8 billion Scale AI deal latest test of AI partnerships
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...
Meta officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
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 ...
Meta's Scale AI stake buyout spotlights other major deals amid regulatory risks
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar ...
After Meta entry: Google apparently withdraws from Scale AI as a customer
This week, the Meta Group acquired a 49% stake in Scale AI. This has apparently also had an impact on the rest of the Scale ...