Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive ...

Meta, the parent company of Facebook and Instagram, is investing a “significant” amount in Scale AI and hiring the artificial intelligence (AI) company’s young CEO Alexandr Wang. The ...

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.

Zuckerberg sees Wang as someone who can lead in tough times. Wang knows both the tech and the business side of AI. He built Scale AI from scratch. The company helps train AI systems by labeling huge ...