Monday, 16 June

Sunday, 15 June2025

Meta Invests $14.3 B in Scale AI and Recruits Founder Alexandr Wang to Lead Superintelligence Team

Meta Invests $14.3 B in Scale AI and Recruits Founder Alexandr Wang to Lead Superintelligence Team

Meta has acquired a 49% stake (~$14.3 B) in Scale AI—valued at $29 B—and brought its 28-year-old CEO, Alexandr Wang, onboard to lead a new “superintelligence” research team while he remains on Scale’s board. Wang, an MIT dropout who built Scale into a top data-labeling provider for AI giants, will drive Meta's push into advanced AI. Jason Droege will serve as interim CEO of Scale.

Read full story at Economic Times

Subscribe To Our Newsletter.

Full Name
Email