June 13, 2025 News
New York Passes RAISE Act Requiring Safety Standards for Frontier AI Models
June 13, 2025 22:09
New York state lawmakers passed the RAISE Act, which requires major AI companies like OpenAI, Google, and Anthropic to publish safety reports and follow transparency standards for AI models trained with over $100 million...
Meta Invests $14.3 Billion in Scale AI for 49% Stake to Accelerate AI Development
June 13, 2025 15:47
Meta has invested $14.3 billion to acquire a 49% stake in data-labeling company Scale AI, bringing co-founder Alexandr Wang onto Meta's team. The move reflects Meta's urgency to compete in the AI race against companies l...
Meta Invests $14.3 Billion in Scale AI for 49% Stake, CEO Joins Meta's Superintelligence Efforts
June 13, 2025 07:12
Meta has invested approximately $14.3 billion for a 49% stake in data-labeling company Scale AI, valuing the startup at $29 billion. Scale AI's co-founder and CEO Alexandr Wang is joining Meta to work on the company's su...