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Meta just made a $14B investment to boost AI capabilities
Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal that signals a heightened push by the social media giant to catch up on AI development.
Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter.
Google could back away from Scale AI following Meta’s huge investment in the company. Microsoft is reportedly looking to back away as well, while OpenAI allegedly made a similar decision a ...
Meta is investing $14B for a 49% stake in Scale AI, installing its founder in a new 'superintelligence' lab to combat a ...
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