Meta has announced a significant investment of $14.3 billion in Scale AI, a startup focused on artificial intelligence technologies. This investment values Scale AI at approximately $29 billion. The partnership aims to accelerate advancements in AI and establish a superintelligence lab. Scale AI also plans leadership changes, promoting its strategy chief to CEO as the founder transitions to Meta. Industry observers are analyzing the implications of this deal for both companies and the broader tech sector.
— new from The New York Times