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Meta Risks Regulatory Scrutiny in Pursuit of Scale AI
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Jackie Davalos reports on Big Tech’s “acqui-hire” strategy for artificial intelligence that is drawing scrutiny from regulators.
OpenAI is winding down its work with Scale AI, whose founder is joining Meta
OpenAI is winding down its work with Scale AI, the artificial intelligence startup that received a multibillion-dollar investment from Meta earlier this month and saw its founder join the social media company to lead an AI effort.
Character.AI appointed Karandeep Anand to be the company's new CEO, helping it grow its platform and fight child safety ...
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the ...
Axios on MSN9d
Meta's big AI deal could invite antitrust scrutinyMeta reportedly is planning to invest around $14.8 billion for a 49% stake in Scale AI, with the startup's CEO to join a new ...
Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms (META) delivered a blockbuster Q1, ...
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar ...
10don MSN
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to ...
Meta’s AI advancements are already driving higher ad revenue, engagement, and efficiency. Read why I remain bullish and ...
Meta (formerly Facebook) is getting back into crypto . . Markets and investment trends tend to move in cycles, and the ...
The Scale AI deal comes when Meta, which has a market value of $1.77 trillion, contends with antitrust scrutiny surrounding its acquisitions of WhatsApp and Instagram.
Despite the $14.3 billion investment that is shaking up the AI landscape, OpenAI's CFO says the company plans to keep working ...
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