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Accel and Meta: a 2. 5 billion agreement for Scale AI Accel transforms the future of artificial intelligence A partnership with Scale AI now positions Accel to receive 2 5 billion dollars The deal with Meta represents a strategic opportunity to strengthen market dominance in data Revolutionizing AI perspectives is becoming a tangible reality as tech giants engage in this bold collaboration
Source: Accel, which owns 18. 5% of Scale AI after investing a total of . . . Meta announces a $14 3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B — Meta said Thursday that it has backed Scale, without including details The size of the investment was $14 3 billion, according to a person familiar with the matter
Early investors await Meta-Scale deal windfall: Report Peter Thiels Founders Fund, Chase Colemans Tiger Global, and venture capital firm Accel are among investors expected to gain from the deal Meta is planning to invest $15 billion in Scale AI, paying between $14 and $15 a share Some of the earliest investors in Scale AI paid 1 to 3 cents per share
Meta buys into Scale AI, raising antitrust alarms - Axios Meta has finalized a deal to pay around $15 billion in cash for a 49% stake in Scale AI, sources told Axios Why it matters: The deal will help transform Meta's AI efforts, but also raises big questions for the future of Scale, a company best known for labeling data for all the major AI players, including Google and OpenAI