News

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 ...
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 ...
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.
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 ...
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.
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 ...
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 ...
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is ...