Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.

Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence ...

Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.

Meta's $14 billion investment in Scale AI has triggered a major industry fallout as Google, its largest customer, plans to sever ties over concerns of competitive neutrality. The move jeopardizes ...

Google had planned to pay Scale AI about $200 million this year for the human-labeled training data that is crucial for developing technology.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...

It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core ...

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...

Grateful to Alexandr Wang for his visionary leadership — and for the trust to help lead Scale AI into its next chapter. His ...

Google is planning to stop the majority of its work with Scale AI after rival Meta took a 49% stake in Scale and hired its CEO in a deal announced this week, Reuters reported on Friday. The decision, ...

Flying cars may not have arrived yet, but the long-awaited era of everyday robotaxis is here. And not just in America, if I’m ...

The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...