Meta's $14.3 Billion Investment in Scale AI and Leadership Changes
TL;DR Summary
Scale AI received a significant investment from Meta, valuing the startup at $29 billion, and CEO Alexandr Wang is leaving to join Meta to work on AI efforts. Meta's investment aims to enhance its AI capabilities amid competition, with Scale AI remaining independent and continuing to operate in data labeling for AI training.
- Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving TechCrunch
- Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab The New York Times
- Meta Finalizes Scale AI Deal, Recruits Startup's CEO For AI 'Superintelligence' Investor's Business Daily
- Is Meta really spending $15 billion to hire a 28-year-old? Business Insider
- OpenAI to continue working with Scale AI after Meta deal Reuters
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