Meta Platforms, Inc.s accelerates its AI strategy with a $14.3B Scale AI investment. Click for META's long-term potential and overlooked risks shaping the market.

Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally can last.

Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals, which some have criticized as an attempt to evade regulatory scrutiny.

Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence,” leaving the startup that made him rich after dropping out of MIT. Alexandr Wang’s Scale AI just inked a $14.

Meta reportedly is planning to invest around $14.8 billion for a 49% stake in Scale AI, with the startup's CEO to join a new AI lab that Mark Zuckerberg is personally staffing. When the news broke yesterday,

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.

The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.