June 13th, 2025
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In a strategic gambit underscoring the escalating AI arms race, Meta has committed $14.3 billion to Scale, concurrently poaching CEO Alexandr Wang to spearhead its nascent "superintelligence" division, a move inextricably linked to Zuckerberg's ambition to eclipse competitors such as Google and OpenAI; while Scale ostensibly retains its operational autonomy, this infusion of capital, conferring a 49% equity stake upon Meta, heralds a profound augmentation of their pre-existing commercial nexus, prompting speculation regarding the ramifications for Scale's diverse clientele, encompassing industry behemoths like General Motors and Toyota, alongside a panoply of Large Language Model purveyors, as Wang transitions to Meta with a curated cadre, ceding the CEO mantle to interim appointee Jason Droege, all predicated upon a valuation exceeding $29 billion.
June 13th, 2025
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