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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 startup at $29 billion.
Meta Invests $14.3 Billion in Scale AI as Zuckerberg Builds New Artificial Intelligence Team
The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for developing AI models.
OpenAI to Continue Working With Scale After Meta Deal, CFO Says
OpenAI said it will continue working with Scale AI after Meta Platforms Inc. made a multibillion-dollar investment in the startup, as it seeks to maintain a broad ecosystem of data sources.
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.
Meta is paying $14 billion to catch up in the AI race
As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi
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Is Meta really spending $15 billion to hire a 28-year-old?
Alexandr Wang cofounded Scale AI. He's reportedly about to become a very expensive hire at Meta.
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