Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

It’s only been since June that Meta invested $14.3 billion in the data-labeling vendor Scale AI, bringing on CEO Alexandr Wang and several of the startup’s top executives to run Meta Superintelligence ...

Scale AI announced Wednesday it’s cutting 700 workers, doing so a little more than a month after Meta invested $14.3 billion in the San Francisco startup. The artificial-intelligence company is laying ...

Scale AI's competitors say they are seeing an uptick in client inquiries after Meta's investment. AI training companies like Appen and Prolific are pitching themselves as neutral platforms. Rival ...

Meta’s $14.3 billion investment in Scale AI represents the social media giant’s most significant move to secure high-quality training data for artificial intelligence models. The deal gives Meta a 49% ...

Meta’s US$14.3 billion investment in Scale AI and poaching of founder Alexandr Wang, world’s youngest self-made billionaire, has sparked a shake-up as major clients like Google and OpenAI move to ...

Following Meta’s $14.3B stake in Scale AI, OpenAI exits the long-standing partnership, raising questions about vendor neutrality, talent wars, and the future of AI data governance. OpenAI has ended ...

Alphabet’s Google is planning to end its partnership with Scale AI, after Meta revealed it is buying a 49% stake in the data-labeling startup, sources told Reuters. The move comes as a major shakeup ...

Meta’s deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual. What Scale officially announced is that the deal values the company at over $29 billion and that ...

Deal values Scale AI at $29 billion, sources say Meta spending $14.3 billion Scale AI CEO Wang to run Meta's superintelligence efforts Deal may affect Scale's relationships with Meta's competitors ...

Meta has finalized its $14.3 billion investment in Scale AI, which now values the startup that provides other companies with data labeling and model evaluation services for AI training at $29 billion.

Editor's take: Big tech companies are locked in a fierce race to develop artificial intelligence that matches or exceeds human intelligence – a breakthrough with the power to transform industries and ...