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A profile of Chess.com, which has popularized online chess among pro athletes, as CEO Erik Allebest says the site has over $100M in annual revenue and 35M MAUs (Ira Boudway/Bloomberg)

Ira Boudway / Bloomberg : A profile of Chess.com, which has popularized online chess among pro athletes, as CEO Erik Allebest says the si...

13 June 2025

Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B (Bloomberg)

Bloomberg:
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B  —  Meta said Thursday that it has backed Scale, without including details.  The size of the investment was $14.3 billion, according to a person familiar with the matter.

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