Meta, Scale
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Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter.
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Meta Platform Chief Executive Mark Zuckerberg’s efforts to shape up the company’s artificial-intelligence ambitions took a step forward with an investment in ScaleAI and the poaching of its founder. Meta’s investment values the data-labeling AI startup at over $29 billion,
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