Meta Plans Massive Investment in AI Startup Scale AI

Reported about 9 hours ago

Meta is negotiating a potential multibillion-dollar investment in Scale AI, a company specializing in data tagging for AI models. Founded by 28-year-old Alexandr Wang, Scale AI plays a crucial role in developing large language models and is expected to generate $2 billion in revenue this year. Wang advocates for a national AI data reserve to enhance U.S. competitiveness in AI as the company further engages with the government and moves towards advanced AI systems.

Source: YAHOO

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