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Meta is paying $14 billion to catch up in the AI race

12 June 2025
in Technology
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Meta is paying  billion to catch up in the AI race
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Meta is acquiring 49% of Scale AI for $14.3 billion and hiring CEO Alexandr Wang to enhance its AI initiatives, with Wang reporting directly to Mark Zuckerberg. This strategic partnership aims to build “superintelligence,” as Zuckerberg actively recruits top AI talent, while Scale transitions to interim CEO Jason Droege following Wang’s move.

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