ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/meta-platforms” target=”_blank”>Meta Platforms has finalised an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday.

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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/alexandr-wang” target=”_blank”>Alexandr Wang will join a new “superintelligence” unit inside Meta to achieve ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/artificial-general-intelligence” target=”_blank”>artificial general intelligence (AGI), a term that refers to machines that can match or surpass human capabilities.

Scale’s chief strategy officer, Jason Droege, will serve as its interim CEO, Scale AI…

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/meta-platforms” target=”_blank”>Meta Platforms has finalised an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday.

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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/alexandr-wang” target=”_blank”>Alexandr Wang will join a new “superintelligence” unit inside Meta to achieve ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/artificial-general-intelligence” target=”_blank”>artificial general intelligence (AGI), a term that refers to machines that can match or surpass human capabilities.

Scale’s chief strategy officer, Jason Droege, will serve as its interim CEO, Scale AI…