Wednesday, May 13, 2026
No Result
View All Result
NewsWave
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
No Result
View All Result
NewsWave
No Result
View All Result
Home World

Meta plans to invest $15bn in Scale AI in bid to catch up to rivals

10 June 2025
in World
Meta plans to invest bn in Scale AI in bid to catch up to rivals
Share on FacebookShare on Twitter


Meta is set to invest around $15 billion in Scale AI, acquiring a 49% stake and valuing the startup at approximately $28 billion, as part of its strategy to develop a “superintelligence” lab to compete with OpenAI, Anthropic, and Google. This follows a disappointing launch of Meta’s Llama 4 language model, and comes as Scale AI co-founder Alexandr Wang is expected to join Meta’s team, raising questions about Scale AI’s future and its CEO transition. The deal highlights Meta’s ongoing investment in AI despite facing competition and management challenges.

Full Article

🌊 Diving deeper into this topic...

🪄 Creating a simple explanation...

Loading PerspectiveSplit analysis...

Tags: 15bnbidcatchInvestMetaPlansRivalsScale
Previous Post

Jessica Page: WA has the country’s lowest flu vaccination rate putting the vulnerable at risk

Next Post

UN says Israel rejected 11 of its 18 humanitarian coordination requests in Gaza – Middle East Monitor

Related Posts

Middle East

Senior UN official detained by Israel following Gaza visit

13 May 2026
USA

Gunfire erupts in Philippine Senate during senator arrest attempt

13 May 2026
UK

Plans for Trump Tower on Trumpers Way in London

13 May 2026
Canada

Man Who Committed Violent Home Invasion Runs for Town Council

13 May 2026
World

UN calls for independent investigations into Nigeria and Chad air attacks

13 May 2026
USA

U.S. students continue to struggle with reading while some areas show improvement

13 May 2026
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • Trending
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Senior UN official detained by Israel following Gaza visit
  • Gunfire erupts in Philippine Senate during senator arrest attempt
  • Plans for Trump Tower on Trumpers Way in London
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In