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Meta Acquires 49% Stake in Scale AI for $14.8 Billion
Meta Platforms is making its biggest AI investment yet by acquiring a 49% stake in Scale AI for approximately $14.8 billion. The deal aims to boost Meta’s AI capabilities and accelerate progress toward artificial general intelligence (AGI). Meta CEO Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the company better execute on its AI ambitions.
Meta Creating New “Superintelligence” AI Research Lab
Mark Zuckerberg is assembling a team of experts dedicated to achieving artificial general intelligence (AGI). The new research lab will focus specifically on “superintelligence” and will be helmed by Scale AI CEO Alex Wang. Zuckerberg is recruiting from a brain trust of AI researchers and engineers to build this specialized team.
Google’s AI Search Features Decimating Publisher Traffic
Google’s AI Overviews and other AI-powered tools, including chatbots, are reportedly devastating traffic for news publishers. According to a Wall Street Journal report, these features are significantly reducing the number of clicks to publisher websites as users get information directly from Google’s AI summaries.
Bombshell Report Reveals Fundamental AI Accuracy Limitations
A new report has uncovered “fundamental limitations” in cutting-edge artificial intelligence technology that result in a “complete accuracy collapse.” The findings suggest that current AI systems have significant reliability issues, indicating that many jobs may be safe from AI replacement for the time being.
Meta Plans $15 Billion Investment in Scale AI
Meta is planning to invest about $15 billion in data-labeling startup Scale AI and hire the group’s co-founder and top researchers. This represents one of the biggest deals in Meta’s history as the company attempts to catch up with competitors in the AI race.
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