Perplexity AI has raised $100 million in a funding deal that values the company at $18 billion. Perplexity AI has secured ...

Meta’s $14.3 billion investment in Scale AI, the leading player in the AI data industry, was a very strange deal indeed. Meta acquired 49% of the company in the deal announced last Thursday.

Microsoft-backed (MSFT) OpenAI plans to phase out the data work it receives from Scale AI after Meta Platforms (META) invested heavily in Scale and hired its CEO, according to Bloomberg.

Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals, which some have ...