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New details emerge on Meta’s $14.3B deal for Scale
Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.
Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...
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.
Analysis-Meta's $14.8 billion Scale AI deal latest test of AI partnerships
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's ...
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 ...
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 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 ...
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 ...