Meta is nearly finalizing a $15 billion investment in Scale AI, marking its largest external investment to date, which would secure a 49% stake in the company. As part of the deal, Meta CEO Mark Zuckerberg is forming a team of around 50 individuals aimed at advancing AI initiatives, including the pursuit of artificial general intelligence (AGI). Scale AI's CEO Alexandr Wang is expected to join this team following the investment. This move addresses Meta's concerns about keeping pace with competitors in the AI sector, particularly as notable rivals continue to innovate rapidly.
Meta's significant investment in Scale AI reflects its urgent drive to strengthen its position in the AI landscape, particularly in the pursuit of artificial general intelligence.
As competitors rush to innovate in AI, this deal positions Meta strategically, allowing it to leverage Scale AI’s expertise while both companies strive to overcome the current challenges in AI technology.
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