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RV Dhameliya

Student • 1m

meta made a bet for new era Meta’s $15 billion investment in Scale AI isn’t just a financial bet—it’s a strategic anchor in its bid to become a leading force in AI and eventual AGI development. By securing talent, tech, and scale through a non‑voting stake, Meta sharpens its competitive edge without full acquisition. Amount ~$15 billion (all cash) Equity stake 49%, non‑voting Scale valuation ~$29 billion Key executive CEO Alexandr Wang joins Meta’s AI effort Regulatory status No board representation; may prompt antitrust scrutiny 💡 Why It Matters for Meta Accelerates AI goals: Data labeling is a bottleneck in training advanced models. This transaction gives Meta a stronghold in a critical AI supply chain. AGI race intensifies: It signals Meta's big bets to compete with rivals like OpenAI, Microsoft, and Google. Investor sentiment: The market responded positively, reinforcing confidence in Meta’s aggressive pivot to AI.

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Rajib Halder

Never say die • 1m

Meta Platforms invests in Scale AI, valuing the startup at over $29 billion. Scale AI CEO joins Meta, working on AI projects, with Scale's strategy officer as interim CEO. Meta's investment in Scale AI is $14.3 billion, aiming for artificial general

Dhyan Moradiya
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Limpid Systems • 1y

Meta’s Instagram Tests AI-Powered Search Bar for Content Discovery #meta #instagram #ai

Abin

Orcus • 1m

Check out this article : Zuckerberg's Big Bet: Meta's Investment in Scale AI

Vishu Bheda
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Medial • 1m

𝗠𝗲𝘁𝗮 𝗷𝘂𝘀𝘁 𝗽𝗮𝗶𝗱 $𝟭𝟰.𝟴𝗕 𝗳𝗼𝗿 𝟰𝟵% 𝗼𝗳 𝗦𝗰𝗮𝗹𝗲 𝗔𝗜. But they didn’t fully buy it. They found a smarter way to take control — without an actual acquisition. •Alexandr Wang (28), the founder of Scale AI, will now lead Meta’s AI

2 Replies

Baqer Ali

AI agent developer |... • 1y

Open Ai will be dead soon. It is very shocking to see that one of the co-founders and chief scientists is leaving open ai At this stage where Google is releasing Astra and GPT4o from open ai competing with each other. In the tweet Ilya Sutskeve

4 Replies

Comet

#freelancer • 2m

🚨 ₹29,900 for *smart glasses*? Meta’s Ray-Ban Meta just launched in India — but do we really need AI in our eyewear now? Cool gadget or just another overpriced flex?

Abin

Orcus • 24d

Roles of New AI Talent at Meta, Including Scale AI's Former CEO READ: https://orcus4ai.com/Roles-of-New-AI-Talent-at-Meta-Including-Scale-AI's-Former-CEO_ar=030

Abin

Orcus • 24d

Roles of New AI Talent at Meta, Including Scale AI's Former CEO READ: https://orcus4ai.com/Roles-of-New-AI-Talent-at-Meta-Including-Scale-AI's-Former-CEO_ar=030

Abin

Orcus • 25d

Meta’s $29 Billion Private Fund: Zuckerberg’s Bold AI Bet. [Key points are available at the last section of the page.] READ: https://orcus4ai.com/Meta's-$29-Billion-Private-Fund-Zuckerberg's-Bold-AI-Bet_ar=028

Chamarti Sreekar

Passionate about Pos... • 25d

Never underestimate Zuckerberg... He’s clearly in “Carthage must be destroyed” mode again, the same mindset that crushed competitors in the social era. Now it’s AI, and Meta’s building serious muscle. Alexandr Wang will serve as Chief AI Officer,