Scale AI's Alexandr Wang confirms departure for Meta
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Here’s what you need to know about the deal, what its implications may be, and why Wang is of such interest to Zuckerberg’s sprawling digital content company. Wang dropped out of MIT in his freshman year to co-found Scale with social media influencer and engineer Lucy Guo.
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Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.
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Meta CEO Mark Zuckerberg said earlier this year that his company will be investing heavily in artificial intelligence in 2025. And on Thursday, he put his money where his mouth is, with the parent company of Facebook and Instagram investing $14.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
Meta’s Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the social media company better execute on its AI ambitions.
It’s easily the most expensive hire of all time, dwarfing the billions that Google spent to rehire Noam Shazeer and his core team from Character.AI (a deal Zuckerberg passed on). “Opportunities of this magnitude often come at a cost,” Wang wrote in his note to employees this week. “In this instance, that cost is my departure.”
Meta Platform Chief Executive Mark Zuckerberg’s efforts to shape up the company’s artificial-intelligence ambitions took a step forward with an investment in ScaleAI and the poaching of its founder. Meta’s investment values the data-labeling AI startup at over $29 billion,
As part of the deal, Scale AI’s CEO will take a top position inside Meta, leading a new “superintelligence” lab, according to the report.
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.
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Stocktwits on MSNMark Zuckerberg's Meta Reportedly Eyes Rare $10B External Bet With Scale AI: Retail Traders Are All InSocial media giant Meta Platforms, Inc. (META) is reportedly considering plowing billions into artificial intelligence (AI) technology as the Mark Zuckerberg-led company strives to stay competitive in the red-hot space.