Meta, Alexandr Wang and Scale AI
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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.
Alexandr Wang, son of nuclear physicists, dropped out of MIT to co-found Scale AI, a company providing crucial data for AI development. Scale AI's rapid growth led to a $7 billion valuation, making Wang the world's youngest self-made billionaire.
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.
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As Alexandr Wang, the 28-year-old founder of Scale AI, prepares to take on a new role at Meta leading its superintelligence initiatives, he's also thinking about how to integrate superintelligence into the next generation.
Meta is bringing on Scale AI's CEO Alexandr Wang in a deal worth up to $15 billion to lead a new superintelligence lab and reboot its AI ambitions with cutting-edge data expertise
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Meta has hired 28-Year-Old ScaleAI CEO after investing $14.3 billion in the firm, to further its artificial intelligence development
Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.
This came right after reports that Meta was making a huge investment in Scale AI—about dollar14.3 billion—which gives Meta a 49% stake in the startup, but without any voting rights or control over its business decisions.