Meta's recruitment drive has also landed Scale AI founder and former CEO Alexandr Wang, a Silicon Valley rising star, who will lead a new group called Meta Superintelligence Labs, according to an ...

On June 8, Bloomberg reported that Meta is in discussions to invest over $10 billion in Scale AI, citing unnamed sources. Scale AI is a fast-growing startup specializing in data infrastructure for ...

Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC ...

Last week, Meta paid a reported $14.3 billion to acquire the AI training startup Scale AI Inc., in a deal which also secured the services of its former CEO Alexandr Wang.

Still, insiders say those increases pale in comparison to Meta’s offers. Meta is reportedly rethinking its AI strategy and may adopt a closed system instead of its open-source Behemoth model.

The talks took place before Meta finalized a $14.3 billion investment in Scale AI that gives it a 49% stake in the data-labeling startup. Meta and Perplexity didn’t respond to requests for comment.

Technology Meta invests in Scale AI, hires CEO to work on ‘superintelligence’ by Julia Shapero - 06/13/25 4:23 PM ET Listen to audio version of this article Advertisement ...

Last week Alexandr Wang, founder of Scale AI, announced he was leaving for Meta as part of a deal that saw the Facebook parent dish out $14.3 billion for a 49% stake in the AI startup.

Meta announced on Wednesday that it’s adding an AI-powered summaries feature to WhatsApp. The optional new feature uses Meta AI to summarize unread messages in a chat. This summary would only be ...

Meta's impressive Movie Gen AI editing tool is starting to bear fruit. On Tuesday, the company launched a new editor for short videos, "inspired by" the technology. The editor lets you transform ...