News

$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
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 ...
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700 Engineers – Not AI – Developed Code at $1.5B Disruptor Filing Bankruptcy
Builder.ai, once a $1.5B AI startup backed by Microsoft, files for bankruptcy after revelations it used about 700 engineers ...
Sky News’ David Rhodes, Dow Jones CEO Talk AI “Thugs,” Media’s “Big Mistakes,” U.S. Press Freedom
The former CBS News president and Almar Latour spoke at the Wall Street Journal CEO Council Summit in London about the topic ...
Meta On The Verge Of $15 Billion Deal With Scale AI: Report
Meta Platforms Inc considering $15 billion investment in Scale AI, valuing it at $28 billion. Aims to build superintelligence ...
Meta bolsters data trove with $15 billion stake in startup Scale AI
Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to ...
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Amazon building trade centers in PA, marking largest private sector investment in state history
Amazon plans to spend $20 billion on data centers for cloud computing and artificial intelligence in what will be the largest private sector investment in state history.