Meta, Scale AI and Google
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Google and other AI companies are cutting ties with Scale AI after Meta bought a 49% stake in the data-labeling firm.
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Google is planning to end its business relationship with Scale AI after its rival, Meta Platforms Inc (NASDAQ: META), acquired a 49% stake in the AI data-labeling startup.
Google and other big tech companies are rethinking their ties with Scale AI. This follows Meta's significant investment in the data-labeling startup. Concerns arise that Meta could gain insights into rivals' AI strategies.
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the industry.
Google is reportedly cutting ties with Scale AI after a significant investment by Meta, indicating rising concern among Scale’s top customers regarding the company's independence.Initially, the company planned to pay up to $200 million
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.