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.

By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals,

Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.

Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.

Meta's new AI tool, Devmate, is powered by models from rivals including Anthropic's Claude. It reflects how the company uses competitor AI models.

META Platforms stock (NASDAQ: META) has witnessed a substantial increase, spurred by investor enthusiasm over rising user interaction and consistently robust quarterly earnings. So far this year, Meta has gained 16%, significantly outperforming the wider NASDAQ index, which has increased by 2%.

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