Meta makes major investment in Scale AI, takes in CEO
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
Scale AI confirms ‘significant' investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Ale...
Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
Meta is investing $14.3 billion into Scale AI, landing the startup's CEO Alexandr Wang to help the company's artificial intelligence efforts. In a memo to employees that he posted on X on Thursday,...
Meta's Scale AI stake buyout spotlights other major deals amid regulatory risks
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter.
Meta's AI Will Kill Agencies And Capture The Spoils
Meta's AI advancements are already driving higher ad revenue, engagement, and efficiency, especially benefiting small businesses with automated campaign creation and creative generation. By 2026, M...
Zuckerberg makes his biggest AI bet as Meta nears $14 billion stake in Scale AI, hires founder Wang
In finalizing a deal to invest $14 billion in Scale AI, Meta's Mark Zuckerberg is hiring its co-founder Alexandr Wang to help the social media company better execute on its AI ambitions. Zuckerberg...
Meta in Talks to Invest $14 Billion in Scale AI, Hire CEO Alexandr Wang
The planned deal is part of a broader revamp of Meta's AI leadership after its struggles to build the technology.
Meta Platforms Enters Its Most Bullish Month: A Return To Record Highs In Sight?
Meta Platforms Inc. META is entering its most statistically favorable 30-day stretch of the year, with a track record of consistently strong returns from June 11 to July 11 over the past 13 years.
How Meta Platforms Became 2025's Standout Tech Stock
The stock is gapping its Magnificent Seven peers this year.
Meta's one of AI's leaders not a laggard, says Futurum Group CEO Daniel Newman
Daniel Newman, Futurum Group CEO, joins 'Power Lunch' to discuss if Meta's behind on its AI progress.
Why Scale AI could be the answer Meta's AI woes
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Meta agreeing to take a nearly $15 billion stake in Scale AI.
Meta paying nearly $15B for 49% stake in Scale AI as Zuckerberg ramps up AI efforts: report
As part of the deal, Scale AI's CEO will take a top position inside Meta, leading a new "superintelligence" lab, according to the report.
Meta's Threads to test direct messaging feature in select markets
Meta Platforms said it would start rolling out direct messaging on its Threads app, adding a feature long offered by rivals, in a bid to attract more users.
Meta to invest $15B in Scale AI, deepening push into artificial intelligence
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has agreed to invest $15 billion for a 49% stake in data-labeling startup Scale AI, according to multiple reports Tuesday. The move marks one of t...
Here's Why Meta Platforms (META) is a Strong Momentum Stock
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