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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.
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
Global markets are in turmoil on Friday after Israel unleashed a major wave of strikes on Iran’s nuclear program overnight ...
The deal values data-labeling startup Scale AI at $29 billion, as Meta aims to catch up with rivals such as OpenAI and Google ...
Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...
Meta is reportedly investing billions in Scale AI and bringing its CEO Alexandr Wang onboard to lead a new AI team. Is that ...
The cost of acqui-hiring talent keeps rising! Meta Platforms agreed to shell out close to $15 billion for a 49% stake in data ...
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