Meta invests billions in AI to accelerate superintelligence development
TL;DR Summary
Meta is investing $14.3 billion to acquire a 49% stake in Scale AI and hire its CEO, Alexandr Wang, to boost its AI efforts, including building a 'superintelligence' lab, as it seeks to catch up with competitors like Google and OpenAI amid ongoing regulatory scrutiny.
- Meta is paying $14 billion to catch up in the AI race The Verge
- Sources: Meta finalizes $15 billion deal for Scale AI stake Axios
- Meta finalizes investment in Scale AI, valuing startup at $29 billion Reuters
- Is Meta really spending $15 billion to hire a 28-year-old? Business Insider
- Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab The New York Times
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