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Deep Dive: Meta Pays Up For Scale AI
Manage episode 490181872 series 3654950
Meta Platforms has made at $14.3 billion investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts. That investment represents at 49% stake in Scale AI and a 3x premium to recent industry deals.
For more on the deal, Paul Sweeney and Alix Steel speak with Bloomberg Intelligence Senior Analyst Mandeep Singh.
See omnystudio.com/listener for privacy information.
446 episodes
Manage episode 490181872 series 3654950
Meta Platforms has made at $14.3 billion investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts. That investment represents at 49% stake in Scale AI and a 3x premium to recent industry deals.
For more on the deal, Paul Sweeney and Alix Steel speak with Bloomberg Intelligence Senior Analyst Mandeep Singh.
See omnystudio.com/listener for privacy information.
446 episodes
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