Meta, Scale AI and Wang
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Here’s what Scale AI co-founder Alexandr Wang knows that Meta doesn’t.
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Stocktwits on MSNScale AI Confirms Meta’s ‘Minority’ Investment Valuing Startup At $29B — Founder Alexander Wang To Join Facebook ParentMeta’s multi-billion-dollar bet in artificial intelligence (AI) startup Scale AI is official. The startup announced receiving a “significant investment” from the social-media giant. Rumors regarding the investment have been doing the rounds since the start of the week.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
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.
When Alexander Wang founded Scale AI in 2016, the AI landscape was still in its early stages. The data labelling startup, driven by Wang’s vision, quickly became a key player in the AI landscape, growing to over 1,500 employees and securing crucial partnerships across industries and governments.
Meta has hired 28-Year-Old ScaleAI CEO after investing $14.3 billion in the firm, to further its artificial intelligence development
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.
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.
Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander Wang joined Meta, as concern for data security grows.
AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.
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.