Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.

Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals, which some have criticized as an attempt to evade regulatory scrutiny.

Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its next chief executive officer following a multibillion-dollar investment from Meta Platforms Inc., according to two people familiar with the matter.

According to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.

Social media titan Meta Platforms (META) is back in the headlines, all thanks to its rapidly expanding ambitions in the world of artificial Intelligence (AI). Reports claim that Meta is closing in on a massive investment,

Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities,