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Meta, go ahead and add an AI investment: We've seen a return
On 31 October, according to CNBC, Meta CEO Mark Zuckerberg once again stressed at the third quarterly financial conference yesterday that the company ' s high input in the area of artificial intelligence was necessary and of long-term benefit. He said that instead of being underinvested in AI, it would be better to "invest too much" because these resources would ultimately achieve a profit return in advertising and application referral systems. Zuckerberg revealed that Meta had spent $14.3 billion this year to buy Scale AI and reorganize it to "Superintelligenc..- 1.7k
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Just Months After Meta Drops $14.3 Billion on Scale AI, Partnership Rifts
August 31, 2011 - Meta injected $14.3 billion into data labeling service provider Scale AI in June of this year (note: the current exchange rate is about 101.951 billion yuan), and invited its CEO Alexandr Wang and a number of executives from the startup to join the company to run Meta Superintelligence Labs (MSL), but only a few months later, the partnership between the two companies is already showing cracks. However, only a few months later, the partnership between the two companies is already showing cracks. Two sources familiar with the matter have told TechCrunch that Alexandr Wang has been working to help run...- 1.6k
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Google exposed for training Gemini with ChatGPT, Scale AI denies it
June 17 (Bloomberg) -- Google is often seen as the underdog in the generative AI race, despite its massive cloud computing business and vast talent. Microsoft CEO Satya Nadella has said that Google has missed out on opportunities in AI. Sundar Pichai, CEO of Google's parent company Alphabet, has hit back with a fatal shot at Microsoft's increasingly strained partnership with OpenAI: "I'd be happy to do that any day, any time...- 1.2k
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