Meta's Big Bet on Superintelligent AI
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According to sources, META is set to make a significant investment of USD 14.3 billion in the Artificial Intelligence firm Scale. This investment aims to develop a superintelligence team to compete with emerging AI enterprises. META is also bringing on board Alexandr Wang, the CEO of Scale, to join their team in the pursuit of developing superintelligence at the tech giant.
META has announced a strategic partnership and investment with Scale. This move has led to an expansion of Scale's market value by up to USD 29 billion. While Scale will remain an independent AI firm, META will hold a 49% stake in Scale's annual profit, strengthening their commercial partnership. Wang will continue to serve on the Board of Directors at Scale while working on projects with META.
Mark Zuckerberg's focus on the concept of "superintelligence" aligns with the pursuit of artificial general intelligence (AGI) by other companies like Open AI and Google. This strategic partnership between young AI startup leaders and tech giants is not new and has been a common strategy for firms looking to dominate the AI evolution.
Wang's expertise will contribute to enhancing the AI system by providing human labor for tasks like annotating objects in photos, crucial for applications like self-driving cars. Scale's clientele includes major companies like General Motors and Toyota. Additionally, META's decision to open-source its LIama system invites collaboration and modification from users, though it currently trails behind the adoption of LLM.
Scale's founder, Wang, has also worked on establishing relationships with the U.S. government, securing military contracts to provide AI tools and engaging in governmental events. META has also ventured into offering AI services to the U.S. government, showcasing their commitment to the market.
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