The deal, announced on Thursday, was Meta's second-largest investment to date. It gives the owner of Facebook a 49% nonvoting stake in Scale AI, which uses gig workers to manually label data and ...

Meta’s $14.3 billion bet on Scale AI is more than just headline news, it’s a powerful signal that the market is waking up to the true value of platforms like Reddit.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The ...