Recent developments highlight significant investments and strategic shifts in the AI landscape. Meta has invested $14.3 billion for a 49% stake in Scale AI, valuing the company at $29 billion, and hired Scale AI's CEO, Alexandr Wang, to enhance its AI 'superintelligence' team. Jason Droege will serve as Scale AI's interim CEO, and Scale AI will remain independent. Micron is investing $200 billion in U.S. semiconductor manufacturing and research to support AI growth, including building a second memory fab in Boise, Idaho, and upgrading its plant in Manassas, Virginia. Nvidia is also benefiting from the AI boom, with UBS recommending to buy Nvidia stock due to growing customer base and AI investments. CoreWeave (CRWV), specializing in GPU-powered infrastructure, has seen its stock price triple since March, with revenue up 700% in FY2024. AMD anticipates rapid growth in AI inference demand and has unveiled the MI350 GPU series, with major companies upgrading to it. Citi recommends buying Snowflake stock due to the growing traction of its Cortex AI. Salesforce, PayPal, and Team Car Care leaders believe AI agents will significantly transform finance. BlackRock sees a future where Oracle boosts AI trading. Wall Street anticipates the growth of 'Sovereign AI' under a potential Trump administration.
Key Takeaways
- Meta invests $14.3 billion in Scale AI for a 49% stake, valuing the company at $29 billion.
- Scale AI's CEO, Alexandr Wang, joins Meta to work on AI, while Jason Droege becomes interim CEO of Scale AI.
- Micron invests $200 billion in U.S. semiconductor manufacturing and research to support AI growth.
- UBS recommends buying Nvidia stock due to the AI investment boom.
- CoreWeave's stock price has tripled since March, driven by its specialized GPU-powered infrastructure for AI.
- AMD expects AI inference demand to grow rapidly and has unveiled the MI350 GPU series.
- Citi recommends buying Snowflake stock as its Cortex AI gains traction.
- AI agents are expected to significantly transform finance, according to leaders from Salesforce and PayPal.
- BlackRock anticipates Oracle boosting AI trading in the future.
- Wall Street foresees the growth of 'Sovereign AI' under a potential Trump administration.
Scale AI gets big investment from Meta CEO Wang to join Meta
Scale AI, a data-labeling company, confirmed a significant investment from Meta, valuing the startup at $29 billion. As part of the deal, Scale AI's CEO Alexandr Wang will step down to work on AI at Meta. Jason Droege will become the interim CEO. Meta's investment will help Scale AI pay investors and grow, while Wang will remain on Scale AI's board as a director.
Meta invests $14.3B in Scale AI and hires CEO Wang
Meta has finalized a $14.3 billion investment in Scale AI, valuing the startup at over $29 billion. Scale AI's CEO, Alexandr Wang, will join Meta to work on its AI team, specifically the 'superintelligence' unit. Meta will own a 49% stake in Scale AI, purchasing nonvoting shares. Jason Droege will become Scale's interim CEO, and Scale will remain independent.
Meta buys stake in Scale AI CEO Wang joins Meta
Meta finalized its purchase of a 49% stake in Scale AI for $14.3 billion, valuing the startup at $29 billion. Scale AI's CEO, Alexandr Wang, will join Meta to work on its AI strategy. Jason Droege, Scale's chief strategy officer, will become the interim CEO. Mark Zuckerberg hopes Wang can improve Meta's AI efforts, similar to OpenAI's Sam Altman.
Meta spends $14.3B for Scale AI stake hires CEO Wang
Meta is increasing its AI efforts by investing $14.3 billion for a 49% stake in Scale AI. Alexandr Wang, Scale AI's CEO, will join Meta's 'superintelligence' team.
UBS says buy Nvidia stock amid AI investment boom
UBS says to buy Nvidia stock, setting a $175.00 price target, because of the company's growing customer base and AI investments. Nvidia could see $1.5 trillion in AI infrastructure investment over the next few years. Nvidia's revenue has grown a lot, and its profit margin is strong. Micron will supply Nvidia's next-gen memory, and Nvidia is working with Novo Nordisk on AI drug discovery.
AI agents are changing finance leaders from Salesforce PayPal say
Salesforce, PayPal, and Team Car Care leaders think AI agents will greatly change finance. PayPal's Jamie Miller says AI's potential uses are limitless with the right setup.
BlackRock sees future Oracle boosts AI trading
BlackRock shared its vision for the future, and Oracle is helping the AI trade.
CoreWeave CRWV is the best AI stock you haven't heard of
CoreWeave (CRWV), a cloud platform specializing in GPU-powered infrastructure, has seen its stock price triple since March. The company went public on the Nasdaq in April 2025, raising $1.5 billion. CoreWeave's revenue in FY2024 was $1.92 billion, a 700% increase from 2023. Unlike general cloud providers, CoreWeave is designed for the high-performance needs of AI, owning its entire technology stack.
Micron invests $30B more in US amid AI demand
Micron plans to invest about $200 billion in U.S. semiconductor manufacturing and research, creating 90,000 jobs. This includes $150 billion for manufacturing and $50 billion for R&D. Micron will build a second memory fab in Boise, Idaho, and upgrade its plant in Manassas, Virginia. They will also bring advanced packaging for High Bandwidth Memory (HBM) to the U.S. to support AI growth.
Citi says buy Snowflake SNOW as Cortex AI grows
Citi says to buy Snowflake stock, with a price target of $245.00, because its Cortex AI is gaining traction.
AMD expects AI inference to grow fast
AMD expects AI inference demand to grow over 80% each year, becoming the main driver of data-center computing. AMD unveiled the MI350 GPU series, with the MI355 performing much better than its predecessor. Meta, xAI, and Microsoft are upgrading from MI300 to MI350. AMD claims a 40% share of the AI-accelerator market, powering top supercomputers and serving major model providers with its Instinct chips.
Sovereign AI could boom under Trump Wall Street sees big market
Under Trump, 'Sovereign AI' is expected to grow, and Wall Street is looking at a market worth billions of dollars.
Sources
- Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
- Meta Finalizes $14.3 Billion Scale Investment, Hires Its CEO
- Meta finalizes investment in Scale AI, valuing startup at $29 billion
- Meta ramps up AI efforts by paying $14.3 billion for 49% of Scale
- UBS reiterates Nvidia stock buy rating amid $1.5 trillion AI investment view By Investing.com
- Why Salesforce, PayPal, and Team Car Care leaders call AI agents a game changer for finance
- BlackRock outlines vision for the future, and Oracle gives a lift to the AI trade
- Why CoreWeave (CRWV) is the Best AI Stock You’ve Never Heard Of
- Micron boosts planned U.S. investment by $30 billion amid AI-driven demand By Investing.com
- Citi Reiterates Buy on Snowflake (SNOW) as Cortex AI Gains Traction
- AMD Sees AI Inference Growing 80% Annually
- ‘Sovereign AI’ is poised to boom under Trump. Wall Street is sizing up a multibillion-dollar market