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Meta Invests $14.3B For 49% Stake In Scale AI To Boost AI Capabilities

Meta
International Business Times Fews App News Provider
Fews App Post Time 18d ago

AFP Meta has completed a $14. 3 billion investment in Scale AI, acquiring a 49% stake in the startup and valuing it at over $29 billion. This deal marks Meta's second-largest investment to date, following its $19 billion acquisition of WhatsApp in 2014, and deepens the strategic partnership between the two companies, according to Reuters.

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