title is not accurate:
> Meta is pumping $14.3 billion into Scale AI as part of the deal, and will have a 49% stake in the artificial intelligence startup, but will not have any voting power, a Scale AI spokesperson said.
I'm also skeptical that leadership is the issue here. From my experience Meta's culture is too cut throat and a certain level of boredom is required for breakthroughs in an ambiguous space. It's not like you can just swing the proverbial whip and come out with some AI breakthrough. They're not making widgets.
That being said, Meta did have two home runs in the form of Instagram and WhatsApp, so who knows... (Oculus is yet to be seen).
Matt Levine suggested that this was an aquihire. And the weird setup where they only buy non voting shares is to not trigger any regulatory review
Below article has interesting info but it's paywalled. Does anyone have a way to read this?
https://www.theinformation.com/articles/fame-feud-and-fortun...
Comments moved to https://news.ycombinator.com/item?id=44268197.