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Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too ...
Jason Droege, Scale’s current chief strategy officer, will hop in as interim CEO. Scale AI noted that Meta’s investment will be used to pay investors and shareholders, as well as to fuel growth.
While Wang is joining Meta to work on its superintelligence arm, he's set to continue to serve as a director on Scale's board. "The idea of not being a Scalien was, frankly, unimaginable.
Meta is reportedly investing nearly $15 billion in the data-labeling firm Scale AI and taking a 49% stake in the startup, while also bringing on CEO Alexandr Wang to help lead a new ...
Scale's CEO, Alexandr Wang, will also become a top-level Meta executive, the startup confirmed. In January, the 28-year-old wrote a letter to Trump outlining how the US needs to invest in AI.
Scale AI’s ad and Wang’s letter appear to be a public effort at influencing AI policy and the Trump administration’s role in ensuring U.S. dominance in the field.
Alexandr Wang, the world’s youngest self-made billionaire and CEO of the $14 billion company Scale AI, is unnerved by Chinese advancements in AI — and what it could mean for the security of A… ...
Facebook's parents company Meta has recently created Super Intelligence Unit and for this it partnered with Alexander Wang.
Alexandr Wang, co-founder of Scale AI, has parlayed his networking skills into a $14.3 billion investment from Meta and a new job in Meta's "superintelligence" group, reporting to CEO Mark Zuckerberg.
In 2022, Wang became the world’s youngest self-made billionaire at just 25 years old after Scale AI raised a $325 million funding round that valued the company at $7.3 billion.
We’re excited to announce that Wang, who started Scale AI as a student at MIT at the age of 19, is coming to Disrupt 2024 on October 28-30 in San Francisco.
Wang owns an estimated 14% of Scale AI and became the world's youngest self-made billionaire. Today, Wang is worth $3.6 billion according to estimates from Forbes.