Meta, Scale and Alexandr Wang
Digest more
Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence,” leaving the startup that made him rich after dropping out of MIT. Alexandr Wang’s Scale AI just inked a $14.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
12h
ET Now on MSNScale AI CEO Alexandr Wang: College dropout builds $29 billion startup, Meta major stakeholder – Who is he, his journeyAlexandr Wang rose to fame as a major figure in the artificial intelligence (AI) sector. Born to Chinese immigrant parents, Wang – a college dropout, has built a billion-dollar startup. Additionally,
Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its next chief executive officer following a multibillion-dollar investment from Meta Platforms Inc., according to two people familiar with the matter.
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.