Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of ...

On June 12, Alexandr Wang stepped down as Scale’s CEO to chase his most ambitious moonshot yet: building smarter-than-human ...

The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.

Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms ($META) delivered a blockbuster Q1, ...

Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties ...

Following the investment, Scale AI has appointed Jason Droege, its chief strategy officer, as interim CEO. Droege, who joined ...

Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...

Insider sources told The Information that Meta is making a bold move to reshape its artificial intelligence ambitions by ...

Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company ...

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as ...

Correspondent Meta’s $14.3 billion investment in Scale AI, the leading player ... widely seen as falling behind in the AI race and in need of new AI leadership, and for Wang, who at 28 will ...