Meta Platforms Inc Class A (META)
Options Corner: META's Mega A.I. Investment
@ProsperTradingAcademy's Scott Bauer says Meta Platforms (META) is a stock to "buy the dip" on any pullback, saying it continues to build its position in A.I. META announced a $14.3B investment into Scale AI as Mark Zuckerberg aims to create a superintelligence lab.
Meta Is Building a Superintelligence Lab. What Is That?
Mark Zuckerberg has reorganized his company's ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
Meta's effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI
Meta has also poached the founder of AI startup Scale AI to work on the tech giant's own AI ambitions.
Meta makes major investment in Scale AI, takes in CEO
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
Scale AI confirms ‘significant' investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with its AI work.
Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
Meta is investing $14.3 billion into Scale AI, landing the startup's CEO Alexandr Wang to help the company's artificial intelligence efforts. In a memo to employees that he posted on X on Thursday, Wang said he'll be staying on as a director, "continuing to support Scale's mission and long-term vision.
Meta finalizes investment in Scale AI, valuing startup at $29 billion
Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday.
Meta Invests Nearly $15 Billion in Scale AI to Kick-Start Superintelligence Lab
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.
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC previously reported.
Is Meta really spending $15 billion to hire a 28-year-old?
Meta reportedly plans to buy nearly half of Scale AI for $15 billion. In theory, Mark Zuckerberg is interested in securing Scale AI's data services.
Meta teams with XGS Energy to build a 150 MW geothermal power plant
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico.
Meta sues CrushAI developer amid broader crackdown on ‘nudify' apps
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has filed a lawsuit against Joy Timeline HK Limited, the Hong Kong-based developer behind CrushAI, an app that uses artificial intelligence to generate non-consensual nude and sexually explicit images of individuals by manipulating their photos. Filed in a Hong Kong district court, the lawsuit alleges that the company repeatedly violated Meta's advertising policies by promoting CrushAI across Facebook and Instagram.
