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'SNL' Mocks Trump's AI-Generated Image of Himself as Pope Francis, Draws Backlash from Catholic Groups

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Scale AI, a prominent data-labeling startup, announced a significant investment from Meta, valuing the company at $29 billion. The investment, estimated to be around $14.3 billion for a 49% stake, underscores Meta's commitment to advancing its AI capabilities, particularly in the development of large language models. These models are crucial for generative AI, which is seeing rapid growth and intense competition from tech giants like Google, OpenAI, and Anthropic. Alexandr Wang, the co-founder and CEO of Scale AI, is stepping down from his role to join Meta, where he will focus on the company's superintelligence efforts. This move highlights Meta's determination to bolster its AI expertise and keep pace with its competitors. In his new position, Wang will likely help Meta refine and expand its AI models, leveraging his deep experience in data labeling and AI development. Jason Droege, Scale's current Chief Strategy Officer, will take over as interim CEO. While Scale will remain an independent company, the investment will be used to distribute capital to investors and shareholders, as well as to drive further growth. Scale AI has been instrumental in the AI industry, providing high-quality data that is essential for training advanced AI models. Last year, the company secured $1 billion in funding from various investors, including Amazon and Meta, which valued it at $13.8 billion. In recent months, Scale AI and its competitors in the data annotation field have intensified their recruitment of highly skilled professionals, such as PhD researchers and senior software engineers, to ensure the quality and reliability of AI training data. This focus on talent reflects the increasing complexity and importance of data in the development of cutting-edge AI technologies. Industry insiders view Meta’s investment in Scale AI as a pivotal move in the AI landscape. By strengthening its ties with a leading data provider, Meta aims to narrow the gap between itself and other frontrunners in the AI race. This partnership is expected to enhance Meta’s ability to compete effectively, especially as it looks to improve its own AI models and maintain relevance in a rapidly evolving market. Scale AI, founded in 2016, has quickly become a key player in the AI industry, known for its precision in data labeling and its impact on the development of complex AI systems. The company’s success and Meta’s strategic investment are seen as indicators of the critical role that high-quality data plays in the advancement of AI technology. As Meta and Scale AI move forward with their partnership, the tech community will watch closely to see how this collaboration influences the broader AI ecosystem.

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