Meta to Invest $15 Billion in Scale AI, Ties Up with CEO Alexandr Wang for Superintelligence Lab
Meta is investing nearly $15 billion in data-labeling firm Scale AI, taking a 49% stake in the startup, as part of its push into superintelligence. The deal marks another large and risky bet by Meta, following its $19 billion WhatsApp acquisition and $1 billion Instagram purchase. The company’s decision to invest in Scale AI is … Read more