Meta Makes $15 Billion Move into AI with Scale Investment

Meta Makes $15 Billion Move into AI with Scale Investment
Meta is set to invest nearly $15 billion in Scale AI, acquiring a 49% stake in the company. This marks Meta’s largest external investment to date. CEO Mark Zuckerberg will form a team of 50 to drive artificial general intelligence initiatives. Scale AI provides crucial training data for industry leaders and has a projected revenue of $2 billion for 2025. The deal follows concerns about Meta falling behind AI competitors. Scale is also expanding globally, securing significant government contracts. This strategy aims to enhance Meta's AI capabilities in a rapidly evolving market.
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