Tag: AI investment news

Meta in talks over Scale AI investment that could exceed billion: Report

Meta in talks over Scale AI investment that could exceed $10 billion: Report

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Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter. Scale AI declined to comment and Meta did […]

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OpenAI plans to cut Microsoft revenue share after restructuring

OpenAI plans to cut Microsoft revenue share after restructuring

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OpenAI has told investors it will share a smaller fraction of revenue with major backer Microsoft as it moves ahead with its restructuring, The Information reported on Tuesday. The ChatGPT-maker has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power […]

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