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Meta is paying $14 billion to catch up in the AI race

Meta is paying $14 billion to catch up in the AI race

Meta is paying $14.3 billion to buy 49-percent of Scale AI and hire its CEO, Alexandr Wang, to reboot its troubled AI efforts. As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building "superintelligence" […]

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