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Meta Platforms Inc. (META) has made a significant $14.3 billion investment to acquire a 49% stake in Scale AI, a startup specializing in AI model training. The investment is part of Meta’s strategy to build a “superintelligence group” aimed at achieving artificial general intelligence (AGI), which could potentially reshape entire industries.
The investment in Scale AI is Meta’s largest bet yet and includes plans for the startup’s founder, Alexandr Wang, to join the team. Scale AI has established partnerships, including a five-year contract with Qatar and a multimillion-dollar contract with the U.S. Department of Defense to integrate AI across military workflows.
Meta’s flagship model, Llama, is currently facing challenges after a delayed release of its powerful AI model Behemoth, which is expected to launch in Fall 2023. Mark Zuckerberg is determined to position Meta at the forefront of the AGI race through significant investments and the development of new talent within the company.
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