Meta, the parent company of Facebook and WhatsApp, has acquired a 49% stake in Scale AI for $14.8 billion, reports The Information.
It is reported that the head of the AI project, Alexander Wang, will join the corporation’s new initiative, Superintelligence.
Scale AI provides data labeling services for training neural networks. The acquisition of a stake in the company will strengthen Meta’s position in the competitive race for AI development.
Earlier, Bloomberg reported that the corporation’s CEO, Mark Zuckerberg, is dissatisfied with the company’s progress in artificial intelligence. He is assembling a large team to create AGI—a hypothetical form of AI capable of matching or surpassing human cognitive abilities.
Ben Goertzel, founder of the decentralized AI ecosystem SingularityNET, stated in an interview with Cointelegraph that a breakthrough in creating artificial general intelligence could occur within the next one to three years. In his view, decentralization offers a better path for the safe development of AGI.
The AI Race
Major tech companies are actively increasing their investments in the sector. According to CNBC, this year Meta, Amazon, Alphabet, and Microsoft plan to invest $320 billion in artificial intelligence and related data center infrastructure. Last year, this amount was $230 billion.
Analysts at Bloomberg Intelligence calculated that capital expenditures on AI have increased by 16% since the beginning of 2025.
Amid rising AI expenditures, companies building the foundational infrastructure are benefiting. Analysts at Goldman Sachs noted that shares of firms in the data center and AI electrical equipment sectors have risen by 52% and 39%, respectively, since April lows.
Back in January, Zuckerberg promised to maintain high AI spending despite the panic caused by the DeepSeek model.