Scale AI confirms 'significant' investment from Meta
Digest more
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.
Alexandr Wang, who was born in Los Alamos, New Mexico, to Chinese immigrant physicists, dropped out of MIT to co-found Scale. He was quickly lauded as one of Silicon Valley's most promising entrepreneurs,
Now, Meta is slated to launch a research lab devoted to building superintelligent AI, according to a report from The New York Times. Alexander Wang, the 28-year-old founder of Scale AI, a startup that helps companies build AI apps, which could receive a multibillion-dollar investment from Meta soon, will reportedly join the new lab.