Meta has made a significant $14.3 billion investment in Scale AI, acquiring a 49% stake in the company. As part of this move, Scale AI's founder, Alexandr Wang, is joining Meta to spearhead its 'superintelligence' division. This team will focus on developing next-generation AI systems. Wang will remain on Scale AI's board as a director.
Scale AI specialises in providing crucial data for training advanced AI models. Meta's investment and recruitment of Wang signal a strategic effort to bolster its AI capabilities. However, this move has prompted some of Scale AI's major clients, including Google and OpenAI, to reconsider their relationships with the startup. Jason Droege has been appointed as Interim CEO of Scale AI.
Wang, who at 28 is considered the world's youngest self-made billionaire, brings considerable expertise to Meta. His background includes a stint at MIT and experience in algorithm development. Scale AI has also secured contracts with the United States Armed Forces, highlighting its significance in the AI landscape.
