In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.

Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months. His company’s large language model, Llama, was falling behind competitors and struggling to perform as well as models from OpenAI,

Social media giant Meta Platforms, Inc. (META) is reportedly considering plowing billions into artificial intelligence (AI) technology as the Mark Zuckerberg-led company strives to stay competitive in the red-hot space.