Meta’s META investment values the data-labeling AI startup at over $29 billion, that company said in a blog post on Thursday, ...

Meta takes a bold leap in the AI race, investing $14.3 billion in Scale AI and appointing Alexandr Wang to lead innovation.

Two sources familiar with the matter said that Meta's investment in Scale AI amounts to $14.3 billion. The sources said that Scale CEO and co-founder Alexandr Wang will join a new "superintelligence" ...

Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The ...

The FTSE 100 hit a new closing record on Thursday after investors continued to look for opportunities outside the US - but they have fallen again on Friday morning, along with the major European stock ...