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The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg ...
That's all changed now, though, after Meta announced opening a 49% stake in the up-and-coming data provider. The deal roughly ...
Meta has finalized a deal to pay around $15 billion in cash for a 49% stake in Scale AI, sources told Axios. Why it matters: ...
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...
Google and other AI companies are cutting ties with Scale AI after Meta bought a 49% stake in the data-labeling firm.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the ...
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar ...
At Cannes Lions 2025, Meta unveiled 11 new AI features and confirmed a $14bn investment for a 49% stake in Scale AI, appointing CEO Alexandr Wang to lead its new “superintelligence” unit.
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta ...