News Summary

Meta has agreed to acquire a 49% stake in AI startup Scale for $14.3 billion, in a deal that values Scale at over $29 billion. The transaction will provide significant liquidity to shareholders, including Accel, which stands to receive a $2.5 billion payout. Notably, Meta will also bring on Scale’s founder CEO Alexandr Wang to join its superintelligence team. This move signals Meta’s strategic interest in advancing AI, particularly in the realms of human-level and potentially superhuman intelligence. Scale’s work with AI training data verified by humans positions it as a valuable asset in the evolving landscape of AI technologies.