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Meta invests $14.3B in Scale AI to kick-start superintelligence lab

nytimes.com

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Re: Meta invests $14.3B in Scale AI to kick-start superintelligence lab

#2
Meta bought Scale for 14.3 Billion. This is the the new way Google, MS, Meta buy other companies and avoid any scrutiny. They invest huge amounts of cash and then the CEO comes to work for them. Anti Trust law is circumvent while the big companies gobble up any competition.

Re: Meta invests $14.3B in Scale AI to kick-start superintelligence lab

#7
This is a weird deal?

Meta buys a non-controlling stake and says no customers will be affected but the CEO and others are leaving Scale for Meta. Meta also says they won’t have access to competitor data but at 49% ownership they get major investor rights?

Sounds like an acqui-kill to me?

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