Scale AI confirms 'significant' investment from Meta
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Meta is paying $14.3 billion to buy 49-percent of Scale AI and hire its CEO, Alexandr Wang, to reboot its troubled AI efforts.
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.
Alexandr Wang, son of nuclear physicists, dropped out of MIT to co-found Scale AI, a company providing crucial data for AI development. Scale AI's rapid growth led to a $7 billion valuation, making Wang the world's youngest self-made billionaire.
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.