Scale AI Valuation Impact

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Scale AI CEO leaving

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 edge in the race to develop more powerful AI models. Zuckerberg has been trying to poach top researchers and engineers from rival groups as he seeks to build out a new “superintelligence” team.

The Information · 6d

What Meta-Scale AI Deal Could Mean; Cursor’s Explosive Revenue

Before we get to today’s column, here’s something to noodle on.On Friday, word spread widely across the industry that an unnamed public company was going to invest a cool $10 billion in an unnamed private AI firm.

UPI on MSN · 2d

Scale AI CEO leaving after $14B deal with Meta

Tech giant Meta is investing more than $14 billion to acquire a 49% stake in artificial intelligence firm Scale AI, the San Francisco-based company's CEO confirmed on X.

1don MSN

Scale AI may lose partnership with Microsoft, Google, ChatGPT-maker OpenAI and Elon Musk's xAI after Facebook's $14 billion investment

Google is reportedly ending its relationship with Scale AI due to Meta's acquisition of a significant stake, raising concerns ...

The National on MSN3d

What is Scale AI? Co-founder Alexandr Wang confirms 'massive investment' from Meta

Scale AI co-founder Alexandr Wang confirmed that Meta is set to announce a significant investment in the company, and as a result he will leave Scale AI to join the social media giant. "I have agreed ...

Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.

2don MSN

Scale AI founder Alexandr Wang joins Meta for AI research: Who is he and why is Zuckerberg investing on his $29 billion startup

Meta is investing heavily in Scale AI, valuing the startup at over $29 billion, to accelerate its AI ambitions. This move ...

Morningstar7d

Meta: Investment in Scale AI Underscores the Value of Data in Large Language Model Development

We don't view these investments as having an impact on our $770 fair value estimate for wide-moat Meta. With Scale AI expecting $2 billion in sales this year, we estimate the firm's valuation ...

Meta Platforms (NasdaqGS:META) Eyes US$14 Billion AI Investment and Expands Geothermal Power

Meta Platforms (NasdaqGS:META) has announced significant developments, including a $14 billion investment in Scale AI to ...

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