Meta, AI and Alexandr Wang
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Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to talent and data services.
Dystopian thriller “Soylent Green” ends with the hero discovering that the mystery food that sustains New York’s citizens, and whose name the movie bears, is actually made of human beings. Reports that Meta Platforms may acquire 49 per cent of artificial intelligence company Scale AI for $15bn illustrate a similar plot twist. AI, too, is people.
Meta’s decision to create an ambitious new “superintelligence” AI research lab headed by Scale AI’s Alexandr Wang is a bold bid for relevance in its fierce AI battle with OpenAI, Anthropic, and Google.
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.
Zuckerberg is said to be buying nearly half of Scale AI — and recruiting the company’s CEO, too
CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Meta agreeing to take a nearly $15 billion stake in Scale AI.
Meta CEO Mark Zuckerberg is personally creating a new "superintelligence" team dedicated to building the world's most advanced AI platform, and splashing out nine-figure packages to hire top talent, the New York Times and Bloomberg reported Tuesday.
The Meta CEO is said to be hiring about 50 members for a new team working on AI-driven projects including artificial general intelligence.