Meta, AI and Alexandr Wang
Digest more
Meta agreed to pay $14.8 billion for a 49 percent stake in the AI data firm Scale AI, which will give the company access to talent and data services.
Meta is betting big on a new superintelligence lab, luring talent with massive paychecks and bringing in Scale AI’s Alexandr Wang—but insiders warn that deep internal dysfunction could sabotage the effort.
Dystopian thriller “Soylent Green” ends with the hero discovering that the mystery food that sustains New York’s citizens, and whose name the movie bears, is actually made of human beings. Reports that Meta Platforms may acquire 49 per cent of artificial intelligence company Scale AI for $15bn illustrate a similar plot twist. AI, too, is people.
The social media giant is reportedly making a near-$15 billion bet on Scale, which specializes in RLHF-based data labeling and model evaluation services. Zuck is also pushing hard into the development of superintelligent systems that can outsmart humans.
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.
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.
CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Meta agreeing to take a nearly $15 billion stake in Scale AI.