Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.

Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...

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

A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...

From Enterprise AI platform Glean raising $150 million in Series F funding to Apple revealing how reasoning AI models may not ...

The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost ...

After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector.

Pine Labs is set to file its draft prospectus for its IPO by June-end, while Meesho may follow suit in the coming weeks. This ...

Peter Thiels Founders Fund, Chase Colemans Tiger Global, and venture capital firm Accel are among investors expected to gain ...

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

Mistral AI, a Paris-based startup founded by former Meta META researchers Guillaume Lample and Timothée Lacroix, is rapidly emerging as a key player in the open-source AI space, and it's doing so ...