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Meta’s AI shortfall prompts Zuckerberg’s $15B investment in Scale AI — Report

cryptoweekly by cryptoweekly
June 10, 2025
in bitcoin, News
0

Mark Zuckerberg is reportedly assembling a superintelligence group that will include Scale AI founder Alexandr Wang.

Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape. 

After days of speculation, The Information reported on Tuesday that Meta has finalized a $14.8 billion deal for a significant minority share in Scale AI. 

According to sources familiar with the negotiations, the transaction was completed in cash and includes Scale AI’s CEO, Alexandr Wang, joining Meta as part of a new “Superintelligence” initiative.

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Recent Posts
  • Meta’s AI shortfall prompts Zuckerberg’s $15B investment in Scale AI — Report
  • UAE ADGM regulatory authority updates digital asset framework
  • Bitcoin traders now see $107K retest before new all-time highs
  • Investment giant Guggenheim taps Ripple to expand digital debt offering
  • Meta’s Bitcoin rejection means Big Tech is still skeptical
  • Stablecoins may be safer than bank deposits: Proof of Talk panel
  • 1inch promises faster, smarter, cheaper trades with new upgrade

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