LARRY ELLISON, ORACLE co-founder, saw his wealth increase by $26 billion. ORACLE's stock rose after strong earnings. ELLISON ...

It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core ...

Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a ...

Stablecoins gain traction with Fortune 500 firms as banks worry. Meta acquires Scale AI in a $15 billion deal to chase AI ...

Oracle’s 80-year-old co-founder pulls off a $25 billion cloud day to leapfrog Zuck and Bezos into the No. 2 spot Oracle ...

Amazon founder Jeff Bezos has lost the title of world's second richest man after a period of eight years to Larry Ellison of ...

As part of the deal, Alexandr Wang is leaving Scale for Meta, where he’ll work on a new “superintelligence” team (presumably in a leadership role). This isn’t a typical acquihire: only “around four ...

Mark Zuckerberg reached out to our source directly Exclusive Meta has made lavish and lucrative offers to a select set of AI ...

Artificial intelligence startup Scale AI said it received a “significant new investment” from Meta that values the company at more than $29 billion and sees its chief executive join the tech titan.

The parent company of Facebook is investing $14.3 billion in Scale AI, which offers a platform and training data for ...

In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup.