Facebook-parent Meta held talks with Runway before investing in Scale AI: Report

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Meta explored acquiring AI video startup Runway before investing $14.3 billion in Scale AI, securing a 49% stake and bringing Scale’s CEO, Alexandr Wang, to lead Meta’s new superintelligence unit. Alongside ScaleAI and Runway, Meta also approached Safe Superintelligence and Perplexity AI, hiring Daniel Gross and Nat Friedman to bolster its AI team.

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Facebook-parent Meta held talks with Runway before investing in Scale AI: Report

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