Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company of Facebook and Instagram, is investing a

The investment by Meta for a 49 percent stake in Scale AI comes as the company is also developing what it calls “superintelligence.”

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for developing AI models.

Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.

Mark Zuckerberg is building the new AI team in tandem with a reported investment of over $10 billion in Scale AI.

Meta taps Alexandr Wang to lead its bold new AI superintelligence lab, aiming to catch up with giants like OpenAI and Google. Meta CEO Mark Zuckerberg is personally recruiting top talent, including Wang,

Scale AI, which counts Microsoft and OpenAI among its customers, specialises in data-labelling services for training AI models.