Meta Platforms Bets $14.3 Billion on AI Superintelligence with Scale AI Stake
Meta Platforms (META) is doubling down on its AI ambitions with a $14.3 billion investment for a 49% stake in Scale AI, a MOVE that could cement its leadership in the artificial intelligence race. The deal follows a strong Q1 performance, where Meta reported $42.32 billion in revenue—a 16% year-over-year increase—driven by AI-powered ad growth. Meta AI, the company''s answer to ChatGPT, is nearing one billion monthly users and is already enhancing personalized content feeds and smart glasses trials.
Scale AI''s expertise in data labeling and machine learning infrastructure is expected to supercharge Meta''s product lineup, particularly in ad targeting and AI-driven features across Instagram and Facebook, which boast 3.43 billion daily active users combined. Meta also plans to tap Scale CEO Alexandr Wang to lead a new superintelligence lab, signaling a deeper push into advanced AI research.