US EditionMeta Invests in Scale AI, Hires CEO to Work on ‘Superintelligence’
- On January 23, 2025, Meta Platforms made a major $14.3 billion investment to obtain nearly half ownership of Scale AI, establishing a key strategic alliance.
- This investment followed Scale AI's growth from a 2016-founded data labeling firm for autonomous vehicles to a key player in AI and defense sectors.
- Scale AI's CEO Alexandr Wang will join Meta to lead a new superintelligence research lab and bring his team amid Meta's struggles with AI talent retention.
- Meta's stock rose 15.71% year-to-date despite the underwhelming Llama 4 launch, while Meta pledged its AI models would outstrip rivals in 2025.
- The deal aims to deepen AI capabilities for both firms, accelerating AI deployment, but it also raises questions about Scale's service to Meta competitors.
28 Articles
28 Articles
Zuckerberg Bets Big On AI With $14B Scale Deal And Wang Hire
How frustrated is Mark Zuckerberg with Meta’s AI game? Frustrated enough to throw billions at it—specifically, at Scale AI and its ambitious CEO Alexandr Wang.Sources say Meta is closing in on a jaw-dropping $14 billion investment in Scale AI. Why? Zuckerberg wants Wang on his team to breathe life into Meta’s sluggish AI efforts. Especially after the underwhelming rollout of its latest Llama models. But here’s the clever part—Meta’s not buying S…
Meta invests in Scale AI, hires CEO to work on ‘superintelligence’
Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The investment, reportedly worth about $14 billion, will bring the 28-year-old tech founder on board to help with Meta’s “superintelligence efforts.” “Meta has finalized our strategic partnership and…
Meta beefs up disappointing AI division with $15 billion Scale AI investment
Meta has invested $15 billion into data-labeling startup Scale AI and hired its co-founder, Alexandr Wang, as part of its bid to attract talent from rivals in a fiercely competitive market. The deal values Scale at $29 billion, double its valuation last year. Scale said it would “substantially expand” its commercial relationship with Meta “to accelerate deployment of Scale’s data solutions,” without giving further details. Scale helps companies …
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