Meta, Alexandr Wang and Scale AI
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Meta, Scale AI and Superintelligence
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By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals,
Launched in April, the Meta AI platform offers a “discover” feed that includes user queries containing medical, legal, and other seemingly sensitive information.
Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
The remarkable 97% increase in Meta’s stock can be linked to three primary factors: a 26% growth in the company’s revenues, escalating from $135 billion to $170 billion in this timeframe; and a slight 1% decrease in total shares outstanding, bringing the total to 2.6 billion.
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Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
For now, it’s advisable, if you’re going to use the Meta AI app, to go to your settings (or your parents’ settings) and make all of your public prompts visible only to you. To do that, pull open the Meta AI app and: Tap your profile icon at the top right.
Meta's new AI tool, Devmate, is powered by models from rivals including Anthropic's Claude. It reflects how the company uses competitor AI models.