Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.

Alexandr Wang says Neuralink and other brain-computer interfaces will help kids learn in "crazy ways."

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.

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.

Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.

Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC previously reported.

Meta is paying $14.3 billion to buy 49-percent of Scale AI and hire its CEO, Alexandr Wang, to reboot its troubled AI efforts.