OpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a significant stake in the AI data provider. A Reuters report said OpenAI’s Chief Financial Officer,

Meta has strategically invested in Scale AI, pushing the company’s valuation to over $29 billion. This move is part of a broader partnership aimed at accelerating AI development. Scale AI’s founder and CEO, Alexandr Wang, will join Meta to support its internal AI initiatives while continuing to serve on Scale’s board.

Meta Platforms Inc. said it finalized a multibillion-dollar investment in Scale AI and recruited the startup ... The new $29 billion valuation includes the money raised, said the person, who ...

From Enterprise AI platform Glean raising $150 million in Series F funding to Apple revealing how reasoning AI models may not be as capable as their fancy benchmark scores suggest, AIStory brings a recap of major developments and emerging trends in the sector this week.

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