It sounded like something that should have come from the sports desk — a US$14.3 billion transfer fee for a young ...

Data is the battleground, and Scale’s pipelines may just be the most valuable trenches.” This comment in a recent industry report captures the thinking behind Meta’s splashy $15 billion buyout of ...

Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms ($META) delivered a blockbuster Q1, ...

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

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

Meta has developed plans to create a new artificial intelligence research lab dedicated to pursuing "superintelligence," ...

Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...

In a bold move to rejuvenate its lagging artificial intelligence division, Meta has invested $14.3 billion to acquire a 49% ...

Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its ...