The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of ...

The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking. China's Zhejiang Sanhua Intelligent Controls, a maker of ...

Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive ...

Grateful to Alexandr Wang for his visionary leadership — and for the trust to help lead Scale AI into its next chapter. His ...

The deal values data-labeling startup Scale AI at $29 billion, as Meta aims to catch up with rivals such as OpenAI and Google ...

Oil prices surge after Israel attacks Iran, FTSE 100 falls after all time high - Stock market reaction and business news for ...

Scale AI Gets Meta Investment That Values It at More Than $29 Billion The data-labeling company said proceeds from the investment will be distributed to its shareholders, accelerate innovation and ...

Meta is investing $14.3 billion for a 49% stake in Scale AI and has hired its CEO, Alexandr Wang, to lead a new AI superintelligence lab.

ADAM SEGAL is the Ira A. Lipman Chair in Emerging Technologies and National Security and Director of the Digital and Cyberspace Policy Program at the Council on Foreign Relations. From April 2023 to ...

Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.