News

Meta officially ‘acqui-hires’ Scale AI — will it draw regulator scrutiny?
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
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 ...
Here’s What You Need to Know About the Blockbuster Meta-Scale AI Deal
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal
A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...
Scale AI CEO leaving after $14B deal with Meta
Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
Meta’s effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI
Meta Platform Chief Executive Mark Zuckerberg’s efforts to shape up the company’s artificial-intelligence ambitions took a ...