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.
Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.
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ET Now on MSNScale AI CEO Alexandr Wang: College dropout builds $29 billion startup, Meta major stakeholder – Who is he, his journeyAlexandr Wang rose to fame as a major figure in the artificial intelligence (AI) sector. Born to Chinese immigrant parents, Wang – a college dropout, has built a billion-dollar startup. Additionally,
Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.