Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr ...

Meta (NASDAQ:META) is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI ...

Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.

The Texas Legislature ended its biennial session without passing a slew of bills that could have killed the state’s booming ...

Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.

Meta invests $14.3B in Scale AI, appointing CEO Alexandr Wang to lead its superintelligence unit. Learn how Wang's journey is ...