Meta is close to a deal to invest $14 billion in data-labeling startup Scale AI, CNBC cited people familiar with the matter.

Oil futures fell in Asia amid demand concerns. The EIA, in its short term outlook, has predicted lower oil prices with the increase in global inventories. The EIA sees Brent crude falling to $61/bbl ...

The social media giant is reportedly making a near-$15 billion bet on Scale, which specializes in RLHF-based data labeling ...

Mark Zuckerberg's firm is essentially paying in advance for expensive data creation: a crucial ingredient in the AI race ...

They are co-workers to be, they are both college dropouts-turned billionaire tech founders and they both have recently ...

Meta’s Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the social media company better execute on its AI ...

Tariffs may be leaving a cloud over the stock market, but tech companies continue their upward climb, buoyed by investor ...

Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts ...

In a decisive push to reclaim Meta’s position at the forefront of artificial intelligence (AI), CEO Mark Zuckerberg is ...

The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.

Zuckerberg is said to be buying nearly half of Scale AI — and recruiting the company’s CEO, too ...