Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate "superintelligence" development

Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company of Facebook and Instagram, is investing a

Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new superintelligence division.

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.

Alexandr Wang, co-founder and CEO of Scale AI, will soon join Meta after a $14.3 billion deal. Meta continues expanding its efforts in the artificial intelligence sector, and Wang will head a new research lab. This lab will work to develop AI systems designed to create artificial superintelligence (ASI).

Meta taps Alexandr Wang to lead its bold new AI superintelligence lab, aiming to catch up with giants like OpenAI and Google. Meta CEO Mark Zuckerberg is personally recruiting top talent, including Wang,