Scale AI confirms 'significant' investment from Meta
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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.
Scale co-founder and CEO Alexandr Wang will lead Meta’s new superintelligence unit.
Meta’s massive investment in Scale AI may be giving some of the startup’s biggest customers pause. Reuters reports that Google had planned to pay Scale AI $200 million this year but is now planning to cut ties with the startup and is having conversations with its competitors.
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Asianet Newsable on MSNMeta Reportedly Finalizing $15B Stake in Scale AI, Taps Alexandr Wang To Lead ‘Superintelligence’ LabAccording to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.
Social media titan Meta Platforms (META) is back in the headlines, all thanks to its rapidly expanding ambitions in the world of artificial Intelligence (AI). Reports claim that Meta is closing in on a massive investment,
Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts to achieve so-called "artificial general intelligence" (AGI), or machines that can match or surpass human capabilities,
In a strategic move, Meta invests $14.3 billion in Scale AI, taking a 49 per cent stake in the data-labelling startup. Scale's CEO Alexandr Wang will play a key role in shaping Meta's AI future, particularly in superintelligence.