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Meta is paying $14 billion to catch up in the AI race

  • The Verge faviconThe Verge

    By Alex HeathJun 12, 2025, 9:05 pm532 ptsHotTop
    photo of Meta is paying $14 billion to catch up in the AI race imageMeta CEO Mark Zuckerberg. Meta is paying $14.3 billion to buy 49-percent of Scale AI and hire its CEO, Alexandr Wang, to reboot its troubled AI efforts. As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, both companies announced on Thursday. He will lead a new AI lab inside Meta tasked…
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