Scale AI CEO leaving
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Scale AI's biggest customer Google plans to part ways with Scale after news broke that Meta is taking a 49% stake in the startup.
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.
Alexandr Wang says Neuralink and other brain-computer interfaces will help kids learn in "crazy ways."
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
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Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
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Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a team developing “superintelligence” at the tech giant.
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Meta’s $15 Billion Bet on Scale AI Signals a New Era of Talent Wars and Data Dominance in AIData is the battleground, and Scale’s pipelines may just be the most valuable trenches.” This comment in a recent industry report captures the thinking behind Meta’s splashy $15 billion buyout of Scale AI a development that has stunned Silicon Valley and beyond.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.