Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.

Meta’s V-JEPA 2 and superintelligence lab signal bold AI ambitions, but commercial payoff remains speculative. Read why I recommend a Neutral/Hold on META stock.

Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and Microsoft MSFT. If finalized, the deal would rank among the largest private funding rounds in tech history, Bloomberg reports.

Meta's acquisition of Scale AI for a reported US$14.3 billion marks a significant step in its push to strengthen artificial intelligence capabilities, joining the growing wave of US tech giants leveraging acqui-hire deals to stay competitive in the generative AI race.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The ...

Three months after the Chinese artificial intelligence developer DeepSeek upended the tech world with a model that rivaled America’s best, a 28-year-old AI executive named Alexandr Wang came to Capitol Hill to tell policymakers what they needed to do to maintain US dominance.

Scale AI has been valued at more than $29 billion after a significant investment from Meta Platforms META-1.51%decrease; red down pointing triangle that will see its founder, Alexandr Wang ...

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.