Scale AI confirms 'significant' investment from Meta
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Overview
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to the report.
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.
Key Takeaways Meta invests $15B in Scale AI to boost its Artificial Intelligence capabilities.The deal positions Meta as a serious contender in Artificial Gener
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ET CIO on MSNMeta to pay nearly $15 billion for scale AI stake: ReportMeta Platforms reportedly agreed to acquire a 49% stake in AI startup Scale AI for $14.8 billion. This move aims to boost Meta's AI efforts, placing Scale AI CEO Alexandr Wang in a top position to lead a new "superintelligence" lab.