With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.

According to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.

Social media titan Meta Platforms (META) is back in the headlines, all thanks to its rapidly expanding ambitions in the world of artificial Intelligence (AI). Reports claim that Meta is closing in on a massive investment,

Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities,

If Meta Platforms (META) invests in Scale AI, it could boost the Mark Zuckerberg-led company's exposure to artificial intelligence and provide a “positive catalyst” for the stock. Read for more.

Meta is making another big AI investment. It is called ScaleAI. It is not an industry leader yet, but it is a chance for Meta to grow.