July 10, 2025 • 1 min
Meta Platforms Inc. is making a significant investment in Scale AI to enhance its AI capabilities, with CEO Alexandr Wang leading a new 'superintelligence' lab. The move aims to address setbacks in AI models and drive revenue growth, despite anticipated regulatory scrutiny. The deal is closely monitored by U.S. antitrust authorities, with Meta stock trading at $700.45 as of June 11, 2025.
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