Finance News – Scale Ai
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Meta’s stock hits a record high as Mark Zuckerberg goes on an AI hiring spree
Meta's shares reached an all-time peak following increased investment in artificial intelligence, including acquisitions and recruiting prominent experts from competitor organizati...
Read Full Article →Meta approached AI startup Runway about a takeover bid before Scale deal
Meta's interest in acquiring an AI startup prior to a recent transaction highlights the company's strategic investments aimed at enhancing its artificial intelligence capabilities...
Read Full Article →Scale AI not 'winding down' following Meta deal, interim CEO tells employees and customers
Despite Meta’s $14.3 billion investment, Scale AI’s interim CEO assured stakeholders that the company remains operational and focused on growth rather than reducing its activities...
Read Full Article →Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
Meta’s substantial $14.3 billion investment in Scale AI includes bringing its founder, Alexandr Wang, on board to support the expansion and advancement of Meta’s artificial intelli...
Read Full Article →Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With the departure of its founder to a major tech company, Scale AI’s advancement of its strategy officer to CEO may impact its leadership-driven financial growth and investor conf...
Read Full Article →Meta to announce $15bn investment in bid to achieve computerised ‘superintelligence’
Meta’s planned $15 billion expenditure, including acquiring a substantial stake in Scale AI, highlights the company’s strategic financial commitment to advancing artificial intelli...
Read Full Article →A frustrated Zuckerberg makes his biggest AI bet as Meta nears $14 billion stake in Scale AI, hires...
Meta is increasing its investment in AI by acquiring a substantial stake in Scale AI and appointing its CEO to advance the company’s technological development and competitive posit...
Read Full Article →Meta is assembling a ‘superintelligence’ AI team with $15b investment in Scale AI
Meta’s substantial $15 billion commitment to Scale AI reflects its strategic effort to accelerate advanced artificial intelligence research and maintain a leading position in the c...
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