Meta-Scale AI deal sparks client concerns
Meta just invested a huge $14.3 billion for a 49% stake in Scale AI, putting the startup's value above $29 billion. This move tightens their partnership and gives Scale's investors some cash back too.
Jason Droege to take over as interim CEO at Scale
Scale AI's co-founder and CEO, Alexandr Wang, is stepping down to join Meta and head up their superintelligence projects—he'll still keep a seat on Scale's board. Jason Droege, who has loads of experience from Uber Eats and Axon, will take over as interim CEO at Scale.
Meta wants to use Scale's data tools more widely
Meta wants to speed up its AI game by using Scale's data tools more widely. Not everyone is thrilled though—Google is reportedly moving some work away from Scale because of worries about data sharing, while OpenAI says it'll keep working with them. The deal signals big changes ahead in the race to build smarter tech.