Meta to pay nearly $15B for Scale AI stake: The Information

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(D))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),U=function(){function e(t,n,o){L(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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which is crucial for developing sophisticated tools such as OpenAI's ChatGPT.The deal, which has not been finalized yet, appears to be beneficial for Scale AI's investors, including Accel, Index Ventures, Founders Fund and Greenoaks Capital, as well as its current and former employees, the report said.Meta, Scale AI and the startup's investors did not immediately respond to Reuters' requests for comment.As part of the deal, Scale AI CEO Alexandr Wang will take a top position inside Meta, leading a new "superintelligence" lab, according to the report.Meta CEO Mark Zuckerberg has been actively recruiting top AI researchers to boost the company's AI efforts, the report said.The company is fighting the perception that it may have fallen behind in the AI race after its initial set of Llama 4 large language models released in April fell short of performance expectations.Meta delayed the release of its flagship "Behemoth" AI model due to concerns about its capabilities, the Wall Street Journal reported last month.The company is also facing antitrust concerns related to its acquisitions of Instagram and WhatsApp.According to The Information report, the structure for the potential deal with Scale AI could be designed to avoid more regulatory scrutiny.Scale AI was valued at $13.8 billion in a funding round last spring. It generated about $870 million in revenue in 2024 and expects more than $2 billion this year, the report said.The company counts AI firms OpenAI and Cohere as well as tech giants Microsoft, Meta and Cisco Systems among its customers, according to its website.(Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,026.49 +20.61 (+0.34%)Dow 3042,868.06 +106.30 (+0.25%)Nasdaq19,642.03 +50.79 (+0.26%)Russell 20002,160.45 +16.00 (+0.75%)VIX16.91 -0.25 (-1.46%)Gold3,341.60 -13.30 (-0.40%)PortfolioSign in to access your portfolioSign inTop gainersNKTR Nektar Therapeutics 11.45 +2.66 (+30.26%)INSM Insmed Incorporated 90.51 +19.83 (+28.06%)CASY Casey's General Stores, Inc. 490.79 +51.49 (+11.72%)NVCR NovoCure Limited 18.77 +1.87 (+11.07%)PBF PBF Energy Inc. 20.61 +1.59 (+8.36%)Top losersSJM The J. M. 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