Meta Acquires 49% Stake in Scale AI for $14.8 Billion
Meta, the parent company of Facebook and WhatsApp, has acquired a 49% stake in Scale AI for $14.8 billion, reports The Information. It is reported that the head of the AI project, Alexander Wang, will join the corporation’s new initiative, Superintelligence. Scale AI provides data labeling services for training neural networks. The acquisition of a […]