<ul data-eligibleForWebStory="false"><li>Meta has made a $14.3 billion bet on data-labeling company Scale AI, taking a 49% stake in the company.</li><li>Meta's move shows urgency to compete in the AI race, despite unclear strategy against heavyweights like OpenAI and Google.</li><li>TechCrunch's Equity podcast analyzes the deal, featuring Scale's co-founder Alexandr Wang joining Meta's team.</li><li>The podcast discusses if Meta is truly buying a game-changer or just adding a well-connected dealmaker to its team.</li><li>Chime's IPO priced above expectations at $27 per share and had a strong initial trading performance.</li><li>Y Combinator's Demo Day featured AI startups focusing on autonomous software, reflecting on AI-driven task automation in the gig economy.</li><li>Jony Ive’s LoveFrom collaborated with Rivian on their first electric bike, with a bike-like form factor confirmed.</li></ul>

Meta’s big AI bet and our not-so-hot-take on fintech IPOs

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