Meta poaches 28-year-old Scale AI CEO
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Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
22hon MSN
Meta is making an investment in artificial intelligence company Scale and recruiting Chief Executive Alexandr Wang to join a team developing “superintelligence” at the tech giant.
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.
With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.
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.