The Latest Breaking News from Scale AI

Mark Zuckerberg is prepared to spend hundreds of billions of dollars on his AI-driven advertising vision.

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing rivals like OpenAI and Google. No pressure.

Billions of pounds and shameless bonuses — the cut throat battle for artificial intelligence pros has gone berserk

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

Reports of $200 million and $300 million compensation packages are rattling the Valley.

Meta has invested billions of dollars in its AI ambitions, offering some top researchers compensation packages reportedly reaching $100 million, fueling an intense global competition for AI talent.

Alexandr Wang may not be a name familiar to all investors yet, but he is one of the most recognizable names in the artificial intelligence space, thanks to his co-founding of Scale AI and his previous role as CEO.

Meta announced that it is creating a new team to focus research on artificial general intelligence, the ability for a model to think at the same level of reasoning as humans.

Meta Platforms Inc (NASDAQ:META) shares soared to a new all-time high Monday morning, driven by investor enthusiasm following CEO Mark Zuckerberg’s ambitious plans to restructure the company’s artificial intelligence division. The move signals a deep commitment to developing “superintelligence,” advanced AI systems capable of outperforming humans.

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.

Meta stock gained Thursday, adding to a recent rally. UBS hiked its price target on the social media giant.