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Meta made waves last week with its blockbuster investment in startup Scale AI, whose CEO will join Meta's new Superintelligence Lab. But the deal is raising questions about "acquihire" arrangements, ...
Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.
Meta Platforms has finalized a massive $14.3 billion investment in Scale AI, acquiring a 49% stake in the data-labeling ...
In a bold move to rejuvenate its lagging artificial intelligence division, Meta has invested $14.3 billion to acquire a 49% ...
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...
It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core ...
Grateful to Alexandr Wang for his visionary leadership — and for the trust to help lead Scale AI into its next chapter. His ...