The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for developing AI models.

Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter.

Meta is investing $14.3 billion in Scale AI, acquiring a 49% stake, and valuing the company at $29 billion. Scale AI's co-founder, Alexandr Wang, will join Meta to lead its superintelligence unit, marking a significant shift in Meta's AI strategy.

In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.

AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.

Mark Zuckerberg is spearheading Meta's ambitious pursuit of superintelligence by personally recruiting a 50-person team. He's offering lucrative compensation packages to attract top AI talent from competitors.

Meta taps Alexandr Wang to lead its bold new AI superintelligence lab, aiming to catch up with giants like OpenAI and Google. Meta CEO Mark Zuckerberg is personally recruiting top talent, including Wang,

Scale AI, which counts Microsoft and OpenAI among its customers, specialises in data-labelling services for training AI models.