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Meta Poaches Top Engineers for AGI Team
PYMNTS.com· 2025-06-11 21:27
Meta has reportedly poached some top engineers from tech firms for its artificial general intelligence (AGI) team.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.One engineer who confirmed he is moving to Meta is J ...
Meta reportedly in talks to invest billions of dollars in Scale AI
TechCrunch· 2025-06-08 19:59
Group 1 - Meta is considering a multi-billion dollar investment in Scale AI, potentially exceeding $10 billion, which would be its largest external AI investment and one of the largest funding events for a private company [1] - Scale AI provides data labeling services to major companies like Microsoft and OpenAI, primarily using contractors for this work [2] - Scale AI generated $870 million in revenue last year and anticipates $2 billion in revenue for the current year [2] Group 2 - Meta previously invested in Scale AI's $1 billion Series F funding round, which valued the company at $13.8 billion [3] - Scale AI developed Defense Llama, a large language model for military applications, utilizing Meta's Llama 3 technology [3]