SMRTR AIJun 10, 2025The Verge

Meta is reportedly making a $15 billion bet on AGI

SMRTR summary

Meta is nearing a $15 billion investment in Scale AI, giving it a 49% stake. This deal aims to accelerate Meta's artificial general intelligence (AGI) goals, with CEO Mark Zuckerberg assembling a special team. Scale AI's CEO Alexandr Wang will join this group, as Meta seeks to catch up in the AI race against competitors like OpenAI and Google.

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