Meta is reportedly investing nearly $15 billion in the data-labeling firm Scale AI and taking a 49% stake in the startup, while also bringing on CEO Alexandr Wang to help lead a new ...

Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of ...

Alexandr Wang, co-founder of Scale AI, has parlayed his networking skills into a $14.3 billion investment from Meta and a new job in Meta's "superintelligence" group, reporting to CEO Mark Zuckerberg.

Meta is investing $14.3 billion into Scale AI, landing the startup's CEO Alexandr Wang to help the company's artificial intelligence efforts. In a memo to employees that he posted on X on Thursday ...

Meta just scored a win in a multibillion-dollar battle with OpenAI over the hottest AI talents, by poaching a ChatGPT ...

In an attempt to accelerate progress, Meta has been offering eye-watering compensation packages—some reportedly touching $200 ...

Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...

Scale's CEO, Alexandr Wang, will also become a top-level Meta executive, the startup confirmed. In January, the 28-year-old wrote a letter to Trump outlining how the US needs to invest in AI.

Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has led the company since co-founding it in 2016 to supply high-quality ...

Wang owns an estimated 14% of Scale AI and became the world's youngest self-made billionaire. Today, Wang is worth $3.6 billion according to estimates from Forbes.