In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.

Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.

Meta’s multi-billion-dollar bet in artificial intelligence (AI) startup Scale AI is official. The startup announced receiving a “significant investment” from the social-media giant. Rumors regarding the investment have been doing the rounds since the start of the week.

Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months. His company’s large language model, Llama, was falling behind competitors and struggling to perform as well as models from OpenAI,

Wang is the CEO of Scale AI, a data company that works with giant AI leaders like Meta and OpenAI. And Meta just spent about $15 billion to buy a 49% stake in Scale AI. Meta confi

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta has hired 28-Year-Old ScaleAI CEO after investing $14.3 billion in the firm, to further its artificial intelligence development

Social media giant Meta Platforms, Inc. (META) is reportedly considering plowing billions into artificial intelligence (AI) technology as the Mark Zuckerberg-led company strives to stay competitive in the red-hot space.

AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.