[ad_1] The outsized funding of Surge would be a test of investor interest in the data labelling sector [File] | Photo Credit: REUTERS Surge AI, a data-labelling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising in the firm’s history, sources told Reuters, […]
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[ad_1] Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The deal announced Thursday reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it […]
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[ad_1] Meta, Scale AI and the startup’s investors did not immediately respond to Reuters’ requests for comment [File] | Photo Credit: REUTERS Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter. Founded in 2016, […]
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