Meta simply made a $14.3 billion wager on data-labeling firm Scale AI, but it surelyβs not a conventional takeover: Metaβs taking a 49% stake within the firm and including Scaleβs co-founder Alexandr Wang to its workforce.
The transfer alerts Metaβs rising urgency to maintain up within the AI race, even when its technique for competing with heavyweights like OpenAI and Google continues to be a little bit complicated.
Right now, on Trendsterβs Fairness podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha break down the deal, dig up an interview from Kirstenβs archives that includes Wangβs early predictions for AI, and ask whether or not Metaβs actually shopping for a game-changer or simply including a well-connected dealmaker to its roster at a time when its personal AI ambitions are falling additional and additional behind.
Take heed to the complete episode to listen to extra highlights from the week, together with:
- How Chimeβs IPO priced above expectations at $27 per share and jumped in early buying and selling, and Anthonyβs not-so-hot takes on what this alerts for the tech IPO market
- Why Y Combinatorβs Demo Day was full of βagenticβ AI startups constructing autonomous software program, and the way a current chat with Fiverrβs CEO sheds mild on AI-driven activity automation within the gig financial system
- How Jony Iveβs LoveFrom spent 18 months quietly collaborating with Rivian on their first electrical bike, a spinout product confirmed to have a bike-like type issue
Fairness will likely be again subsequent week, so keep tuned!
Fairness is Trendsterβs flagship podcast, produced by Theresa Loconsolo, and posts each Wednesday and Friday.Β
Subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. You can also observe Fairness on X and Threads, at @EquityPod.Β
