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Leo Miller

Why Meta Stock Investors Should Watch Its Bold Bet on Scale AI

Meta SCALE Scale AI Alexandr Wang Google MarketBeat

In its latest multi-billion-dollar move, Meta Platforms (NASDAQ: META) has made a big investment in data-labeling company Scale AI. The tech giant will invest over $14 billion in Scale and gain a 49% stake in the company.

So, what does Scale AI do, and why has Meta decided to make this deal? Is it a smart decision, and what does it say overall about Meta’s AI priorities?

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