By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Dubai News Club
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Press Releases
Reading: Meta is paying $14 billion to catch up in the AI race
Share
  • English
    • العربية(Arabic)
Submit News
Notification
Dubai News ClubDubai News Club
Font ResizerAa
  • Business
  • Finance
  • Lifestyle
  • Tech
  • Middle East
  • Africa
  • Press Release
Search
  • Home
  • Business
  • Finance
  • Tech
  • Lifestyle
  • Press Release
  • Africa
  • Middle East
  • English
    • العربية
  • Privacy Policy
  • Terms and Conditions
  • Contact
  • Submit News
© 2026 Dubai News Club. all rights are reserved
Dubai News Club > Tech > Meta is paying $14 billion to catch up in the AI race
Tech

Meta is paying $14 billion to catch up in the AI race

Press Room
Last updated: 2025/06/13
Press Room
Published: June 13, 2025
Share
1 Min Read
SHARE

Meta is paying $14.3 billion to acquire 49 percent of Scale AI and hire its CEO, Alexandr Wang, to revamp its troubled AI efforts.

As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg and remain on Scale’s board of directors, both companies announced on Thursday. Sources say Wang will lead a new AI lab at Meta tasked with building “superintelligence.” Meta spokesperson Ashley Zandy says the company “will share more about this effort and the great people joining…

Source

Adobe’s new prototype generative AI tool is the “Photoshop” of music-making and editing
Save up to $100 on Sonos speakers for the Super Bowl
Fitbit’s got a battery problem
Epic’s dream is starting to come true — its store will be preinstalled on ‘millions’ of Android phones
Google Maps is cracking down on fake reviews

اشترك في النشرة اليومية

كن على إطلاع! احصل على آخر الأخبار العاجلة مباشرة إلى صندوق الوارد الخاص بك.

    من خلال الاشتراك ، فإنك توافق على شروط الاستخدام وتقر بممارسات البيانات الواردة في سياسة الخصوصية . يمكنك إلغاء الاشتراك في أي وقت.
    Share This Article
    Facebook Email Print
    What do you think?
    Love0
    Sad0
    Happy0
    Sleepy0
    Angry0
    Dead0
    Wink0
    Previous Article Dubai Business Councils are aware of the advantages of economic partnership agreements
    Next Article Inspired discussion sessions within the exhibition “We are all open circles”
    Ad imageAd image

    Latest News

    Can Reddit fend off a new wave of AI SEO spam?
    Tech
    August 4, 2026
    BingX Appoints Kevin Lee as Chief Strategy Officer to Accelerate its Multi-Asset, User-Centric Vision
    BingX Appoints Kevin Lee as Chief Strategy Officer to Accelerate its Multi-Asset, User-Centric Vision
    Middle East
    August 3, 2026
    Your Fitbit data can now connect directly to Apple Health
    Tech
    August 3, 2026
    Europe’s AI labeling and transparency rules are now in effect
    Tech
    August 3, 2026
    Dubai News ClubDubai News Club
    Follow US
    © 2026 Dubai News Club. all rights are reserved
    • Privacy Policy
    • Terms and Conditions
    • Contact
    • Submit News
    join us!
    Subscribe to our newsletter and never miss the latest news, podcasts, etc.

      Don't worry, we will not send you any spam, you can cancel at any time.
      Welcome Back!

      Sign in to your account

      Username or Email Address
      Password

      Lost your password?