Meta buys AI power: billion-euro investment in Scale AI

Meta is picking up the pace in the global AI race. After competitors such as Microsoft (US$13 billion in OpenAI), Google (US$3 billion in Antrophic), and Amazon (US$8 billion in Antrophic) have long since entered into strategic alliances with AI startups, Meta is now following suit with one of the largest deals in its corporate history. The company plans to invest up to $15 billion in the data company Scale AI to secure around half of the company. What at first glance looks like a classic tech investment is, on closer inspection, a strategic power move. Because Scale AI is not just any startup – it provides the raw material without which no...