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Meta to Pay Nearly $15 Billion for Scale AI Stake and Startups 28-Year-Old CEOCory WeinbergFutureTools – The Latest AI and Machine Learning News
Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter said. The unusual deal will be structured so Meta will send the cash to Scales existing shareholders and place the startups CEO, Alexandr Wang, in a top position inside …
?Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter said. The unusual deal will be structured so Meta will send the cash to Scales existing shareholders and place the startups CEO, Alexandr Wang, in a top position inside …