Meta CEO Mark Zuckerberg announced on Monday that the company will channel hundreds of billions of dollars into constructing multiple huge AI data centres as part of its race toward superintelligence.

On June 8, Bloomberg reported that Meta is in discussions to invest over $10 billion in Scale AI, citing unnamed sources. Scale AI is a fast-growing startup specializing in data infrastructure for ...

Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion. TechCrunch Desktop Logo TechCrunch Mobile Logo Latest ...

Meta has invested $15 billion into data-labeling startup Scale AI and hired its co-founder, Alexandr Wang, as part of its bid to attract talent from rivals in a fiercely competitive market.

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.

Meta said on Thursday that it planned to invest $14.3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed ...

Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.

Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms META-0.38%decrease; red down pointing triangle that will see its founder, Alexandr Wang, join ...

Underappreciated Scale AI Investment Threats. Meta’s $14.3 billion investment in Scale AI in exchange for a 49% stake in the start-up marks its largest capital deployment in over a decade.

An investment from a major AI competitor like Meta throws that relationship into doubt. BI spoke to 10 Scale AI contractors, who said several projects from Meta's AI competitors have been put on ice.

Meta Platforms (META) Opinions on AI Investment Strategy June 21, 2025 — 01:00 pm EDT Written by Quiver DiscussionTracker for Quiver Quantitative -> ...

Meta Platforms (NASDAQ:META) held discussions with artificial intelligence search startup Perplexity AI about a possible takeover before going forward with its multibillion-dollar investment in ...