Meta invests $14.8 billion in Scale AI to accelerate superintelligence ambitions
techspot.com
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 society. Meta's new partnership with Scale AI underscores just how urgent and high-stakes this competition has become, as the company commits to unprecedented investments to keep pace.
Insider sources told The Information that Meta is making a bold move to reshape its artificial intelligence ambitions by investing $14.8 billion for a 49 percent stake in Scale AI, a San Francisco – based data labeling firm. Although the companies have yet to finalize the deal, it ranks among the largest external investments in Meta's history and signals a dramatic shift in the company's strategy as it aims to regain ground in the rapidly evolving AI sector.
Meta structured the deal so its cash goes to Scale AI ...
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