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InvestorsHub on MSNOpenAI to Keep Working with Scale AI Despite Meta’s Major InvestmentOpenAI will maintain its collaboration with Scale AI, even after Meta Platforms (NASDAQ:META) acquired a significant 49% ownership stake in the startup through a $14.8 billion deal announced Friday. Speaking at the VivaTech conference in Paris,
Mattel, Inc. (NASDAQ: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and OpenAI today announced a strategic collaboration to support AI-powered products and experiences based on Mattel’s brands.
The toymaker and ChatGPT developer are teaming up to develop toys and games that incorporate artificial intelligence.
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.
Google is reportedly ending its $200 million deal with Scale AI, following similar moves by Microsoft and OpenAI.
Key Takeaways Scale AI said Meta has made a "significant new investment" in the company that values the startup at $29 billion.As part of the deal, Scale AI CEO Alexandr Wang will join Meta to work on artificial intelligence efforts.