Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new superintelligence division.

Meta has invested $14.3 billion in Scale AI, acquiring a 49% non-voting stake in the company. The transaction values the data infrastructure startup at

Meta has announced a finalized investment and strategic partnership with AI startup Scale AI, along with recruiting Scale AI founder and CEO Alexandr Wang to join Meta. Scale AI issued a statement revealing that Meta's significant investment has pushed the company's valuation beyond US$29 billion,

Meta's automation of AI ads and commitment to nuclear energy position it as a leader in AI monetization and sustainable infrastructure. Read why META is a Buy.

Meta has introduced a new artificial intelligence tool called Emu Video that enables users to insert themselves into AI-generated video clips

Meta partners with XGS Energy to bring 150MW of geothermal power online by 2030, fueling AI ambitions sustainably.

Meta Platforms (NasdaqGS:META) experienced a price increase of nearly 12% over the past month. This rise aligns with the broader market performance, which has seen an increase of 13% over the last year.