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Meta Risks Regulatory Scrutiny in Pursuit of Scale AI
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Jackie Davalos reports on Big Tech’s “acqui-hire” strategy for artificial intelligence that is drawing scrutiny from regulators.
The social media giant is getting CEO Alexandr Wang in a $14.3 billion deal with Scale AI, as it plans to build out ...
Meta’s push into consumer-facing AI has triggered a wave of concern among privacy experts and regulators, as its new chatbot ...
Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...
Meta Platforms has agreed to take ... the structure for the potential deal with Scale AI could be designed to avoid more regulatory scrutiny. Scale AI was valued at $13.8 billion in a ...
Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate ...
GlobalData on MSN5d
Meta to acquire 49% stake in Scale AI for $15bnMeta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was ...
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...
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