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McDonald’s is back in the headlines—and not for launching a

NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said

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Analysts anticipate Indian equities will continue consolidating, whilst investors monitor

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NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said it has successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL) that

Analysts anticipate Indian equities will continue consolidating, whilst investors monitor global geopolitical developments. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in trade

LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his

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Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

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Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. 

Gonzalo Fuentes | Reuters

Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, the founder and CEO of the startup Scale AI, according to The New York Times.

The research lab is going to pursue a concept known as “superintelligence,” which is an AI system that surpasses human intelligence, The New York Times reported Tuesday. Meta is also in advanced talks to invest more than $10 billion in Scale AI, according to a report from Bloomberg.

Scale AI declined to comment. Meta did not respond to CNBC’s request for comment.

The reported research lab is Meta’s latest effort to gain an edge in the fiercely competitive AI development space. Meta has been pouring billions of dollars into the technology, announcing plans to spend as much as $65 billion in capital expenditures for AI infrastructure this year. 

Late last month, Meta announced that its AI assistant supports one billion monthly active users across the company’s family of apps. In February, CNBC reported that Meta was planning to debut a stand-alone Meta AI app during the second quarter and test a paid-subscription service akin to rival chat apps such as OpenAI’s ChatGPT.

Shares of Meta were up about 1% on Tuesday.

Read the New York Times story here.

–CNBC’s Jonathan Vanian contributed to this report

WATCH: Mark Zuckerberg makes big AI push, said to be personally recruiting team of 50: Report

Mark Zuckerberg makes big AI push, said to be personally recruiting team of 50: Report



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