Meta Invests $14.3 Billion in Scale AI to Enhance A.I. Division
By
RyanShook
11mo ago· 2 min readenNews
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Summary
Meta invests $14.3 billion in Scale AI to boost its artificial intelligence division.
Key quotes
· 1 pulledMeta said on Thursday that it planned to invest $14.3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed muscle to its disappointing A.I. division.
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
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