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Meta agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported.
Scale AI provides vast amounts of labeled data or curated training data, which is crucial for developing sophisticated tools ...
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The deal will value Scale AI at $28 billion, including Meta's fresh investment, doubling its valuation from $13.8 billion ...
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Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter ...