Browsing: Alexandr Wang

Meta acquires 49% stake in Scale AI, valuing the company at $29 billion, and poaches CEO Alexandr Wang to lead its new superintelligence unit

Meta finalizes $14.3 billion investment in Scale AI, valuing the AI training data startup at $29 billion. Scale AI’s CEO Alexandr Wang joins Meta to lead new ‘Superintelligence lab’

Meta is investing $14.3 billion in Scale AI, with CEO Alexandr Wang leaving to join Meta and continue supporting Scale’s mission as a director.

Meta is investing nearly $15 billion in Scale AI, valuing the company at over $29 billion. Scale AI’s CEO, Alexandr Wang, will join Meta as a top executive to work on AI efforts.

Meta is finalizing a deal to invest $14 billion in Scale AI, with plans to hire the company’s co-founder Alexandr Wang to lead a new AI research lab at the social media giant.