Meta's AI Strategy Shifts as Major Partnerships Evolve
Originally Published 7 months ago — by CNBC
Google plans to end its partnership with Scale AI after Meta's significant investment in the startup, which has led to concerns among other AI companies about sharing proprietary data. This shift is driven by Meta's 49% stake in Scale AI, valued at $29 billion, and Google’s efforts to diversify its data providers. The move opens opportunities for competitors like Labelbox and Handshake to gain market share, while Scale AI's revenue and customer base could be impacted. The deal also positions Scale AI's CEO to lead Meta's AI initiatives.