June 13th, 2025
Create an account or log in to unlock unlimited access!
Meta is investing $14.3 billion in the artificial intelligence company Scale, and its CEO, Alexandr Wang, will join Meta's advanced AI development team. This is part of CEO Mark Zuckerberg's plan to strengthen AI at Meta as it competes with companies like Google and OpenAI. Scale will remain an independent company, but this agreement will significantly expand the business relationship between the two companies, giving Meta a 49% ownership stake in Scale. Wang will move to Meta with a small team but will continue to serve on Scale's board, and Jason Droege will take over as interim CEO. This investment values Scale at over $29 billion. It is not yet clear what this deal will mean for Scale's other clients, including General Motors, Toyota, and several major large language model providers.
June 13th, 2025
Extensive Google Cloud Downtime Cripples Key Online Services
Extensive Google Cloud Downtime Cripples Key Online Services
Tesla's Robotaxi Launch in Austin Slated for June, Musk Announces
Tesla's Robotaxi Launch in Austin Slated for June, Musk Announces
Apple Faces AI Stumbles, Tech Shifts, and Trade Tensions at Annual Event
Apple Faces AI Stumbles, Tech Shifts, and Trade Tensions at Annual Event
Grok's South Africa Focus: Unpacking Algorithmic Bias in AI Chatbots
Grok's South Africa Focus: Unpacking Algorithmic Bias in AI Chatbots
EU Faults TikTok's Ad Transparency, Alleging Digital Rule Violations
EU Faults TikTok's Ad Transparency, Alleging Digital Rule Violations
DoorDash Driver Admits Guilt in Multi-Million Dollar Delivery Theft Scheme
DoorDash Driver Admits Guilt in Multi-Million Dollar Delivery Theft Scheme
OpenAI Aims to Reduce Microsoft Revenue Share by 2030
OpenAI Aims to Reduce Microsoft Revenue Share by 2030
Meta Leaders Acknowledged Facebook's Struggle Against TikTok, Court Document Reveals
Meta Leaders Acknowledged Facebook's Struggle Against TikTok, Court Document Reveals
AI Simplifies Complex Text for iOS Users
AI Simplifies Complex Text for iOS Users
Create an account or log in to continue reading and join the Lingo Times community!