Meta Invests $14.3 Billion in Scale AI
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AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.
Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter.
Mark Zuckerberg is spearheading Meta's ambitious pursuit of superintelligence by personally recruiting a 50-person team. He's offering lucrative compensation packages to attract top AI talent from competitors.
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,
Scale AI, which counts Microsoft and OpenAI among its customers, specialises in data-labelling services for training AI models.