Meta invests $14.3B in Scale AI to make its biggest AI move
The post Meta invests $14.3B in Scale AI to make its biggest AI move appeared on BitcoinEthereumNews.com. Meta has finalized a huge $14.3 billion investment in Scale AI, a fast-growing company that builds tools to train AI systems. The tech firm now has a 49% non-voting stake in Scale AI after investing a significant figure in the company. The deal, which values Scale AI at nearly $29 billion, marks one of the largest strategic moves in Meta’s bid to lead the next generation of AI innovation. The social media giant also hired Scale AI’s CEO, Alexandr Wang, to join its top AI team, making this one of its boldest moves yet to improve its AI technology and catch up with competitors. Meta brings in Scale CEO to lead AGI projects Wang founded Scale in 2016 and turned it into a top-tier AI data company used by big names like Meta and OpenAI. He will now help lead the “superintelligence unit” at Meta to create machines that reason and solve complex problems as well as or even better than people can. Bringing Wang on board could help the social media giant keep up with the growing competition. regulatory pressure because he has business instincts and deep connections in the tech and government world. Meta launched its latest large language model, Llama 4, in April, but it fell short of expectations and was seen as trailing behind models from OpenAI and Google. In response, CEO Mark Zuckerberg has made AI his top priority. He’s been actively recruiting top scientists and engineers, offering generous pay packages to help position Meta as a leader in the future of AI. Zuckerberg wants the best tools and minds to help it reach its goal of building powerful, human-level AI before anyone else does. He has gone as far as rearranging the firm’s office spaces so that the new superintelligence team sits closer to…
The post Meta invests $14.3B in Scale AI to make its biggest AI move appeared on BitcoinEthereumNews.com.
Meta has finalized a huge $14.3 billion investment in Scale AI, a fast-growing company that builds tools to train AI systems. The tech firm now has a 49% non-voting stake in Scale AI after investing a significant figure in the company. The deal, which values Scale AI at nearly $29 billion, marks one of the largest strategic moves in Meta’s bid to lead the next generation of AI innovation. The social media giant also hired Scale AI’s CEO, Alexandr Wang, to join its top AI team, making this one of its boldest moves yet to improve its AI technology and catch up with competitors. Meta brings in Scale CEO to lead AGI projects Wang founded Scale in 2016 and turned it into a top-tier AI data company used by big names like Meta and OpenAI. He will now help lead the “superintelligence unit” at Meta to create machines that reason and solve complex problems as well as or even better than people can. Bringing Wang on board could help the social media giant keep up with the growing competition. regulatory pressure because he has business instincts and deep connections in the tech and government world. Meta launched its latest large language model, Llama 4, in April, but it fell short of expectations and was seen as trailing behind models from OpenAI and Google. In response, CEO Mark Zuckerberg has made AI his top priority. He’s been actively recruiting top scientists and engineers, offering generous pay packages to help position Meta as a leader in the future of AI. Zuckerberg wants the best tools and minds to help it reach its goal of building powerful, human-level AI before anyone else does. He has gone as far as rearranging the firm’s office spaces so that the new superintelligence team sits closer to…
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