A FRUSTRATED ZUCKERBERG MAKES HIS BIGGEST AI BET AS META NEARS $14 BILLION STAKE IN SCALE AI, HIRES FOUNDER WANG

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Meta is finalizing a deal to invest $14 billion into Scale AI, a company that helps AI startups prepare data to train cutting-edge AI models. Meta is one of Scale AI's biggest customers. The social media giant appears to be taking a similar strategy as other tech companies like Google and Microsoft which are taking large stakes in prominent leaders in AI rather than buying them outright - Meta is currently on trial for antitrust claims and it doesn't want to further upset regulators by acquiring Scale AI. It will take a 49% stake in Scale AI, and Scale AI's CEO will help lead a new AI research lab within Meta.