Meta, Scale
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While Meta had sought to hire "a lot of people" from OpenAI, "so far none of our best people have decided to take them up on that," Sam Altman said.
Here’s what Scale AI co-founder Alexandr Wang knows that Meta doesn’t.
The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially industry-shaking deal.
Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off.
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.
Despite the $14.3 billion investment that is shaking up the AI landscape, OpenAI's CFO says the company plans to keep working with Scale AI.
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The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for developing AI models.
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Amazon S3 on MSNGoogle, Microsoft, Elon Musk's xAI Reportedly Cut Ties With Scale AI After Mark Zuckerberg's Meta Buys StakeGoogle is reportedly cutting ties with Scale AI after Meta acquired a 49% stake in the data-labeling startup, according to Benzinga. Google was previously Scale AI’s largest customer, and it is reportedly planning to end its relationship with the company.
It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core team from Character.AI (a deal Zuckerberg passed on). “Opportunities of this magnitude often come at a cost,” Wang wrote in his note to employees this week. “In this instance, that cost is my departure.”
Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape.