Accel Meta Scale AI Windfall - Search News

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Scale, Meta

Bloomberg · 2d

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 Inc.’s $14.3 billion mega investment in the artificial intelligence startup.

The Economic Times on MSN · 4d

Early investors await Meta-Scale deal windfall: Report

Peter Thiels Founders Fund, Chase Colemans Tiger Global, and venture capital firm Accel are among investors expected to gain from the deal. Meta is planning to invest $15 billion in Scale AI, paying between $14 and $15 a share.

OpenAI Was Winding Down Work With Scale Months Before Meta Deal

The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost half owned by Mark Zuckerberg’s tech empire.

2don MSN

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 ...

2d

Meta beefs up disappointing AI division with $15 billion Scale AI investment

Meta’s investment is the latest attempt by chief executive Mark Zuckerberg to give his $1.8 trillion social media company an ...

1d

$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...

Meta in talks to acquire 49% stake in Scale AI for $14.8B: Report

The deal will value Scale AI at $28 billion, including Meta's fresh investment, doubling its valuation from $13.8 billion ...

5don MSN

Meta paying nearly $15B for 49% stake in Scale AI as Zuckerberg ramps up AI efforts: report

As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...

2don MSN

Meta invests $14.8 billion in Scale AI and recruits its CEO

Meta has finalized its $14.3 billion investment in Scale AI. As part of the deal, Scale AI's founder and CEO Alexandr Wang ...

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