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Meta Reportedly Close to $14 Billion Investment in Scale AI, Hiring CEO to Lead New AI Lab
Meta is close to a deal to invest $14 billion in data-labeling startup Scale AI, CNBC cited people familiar with the matter. It was reported that Meta CEO Mark Zuckerberg is so frustrated with the Facebook parent’s standing in AI that he’s willing to spending billions of dollars to convince Scale AI founder and CEO Alexander Wang to join his company.
Meta has launched an aggressive campaign to recruit top-tier engineers, including talent from competitors like Google, to ...
Meanwhile, Scale AI CEO Alexandr Wang will take on a senior executive role at Meta, leading a newly formed research lab focused ... researchers and spearheading recruitment of the new ...
Meta is struggling to retain AI talent, losing experts to rivals like OpenAI and Anthropic despite offering high salaries.
Meta has appointed Alexandr Wang, CEO of Scale AI, to head a new AI research lab focused on achieving "superintelligence." At ...
Alexandr Wang finds himself at the centre of a potential $15 billion shake-up as Meta looks to regain its competitive edge.
AI is reshaping industries, reducing fresher hiring, and automating roles in tech, HR, retail, and content, yet new AI-driven ...
AFP Meta Platforms Inc. is reportedly establishing a new, secretive artificial intelligence research lab dedicated to achieving “superintelligence,” a hypothetical AI system that surpasses ...
Zuckerberg is building the new AI team in tandem with a reported investment of over $10 billion in Scale AI, Bloomberg News said citing sources, adding that Scale AI founder Alexandr Wang was expected ...
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