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Meta poaches 28-year-old Scale AI CEO

TechCrunch on MSN · 2d

Scale AI confirms ‘significant’ investment from Meta, says CEO Alexandr Wang is leaving

Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.

Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.

LA Times on MSN · 2d

Meta invests $14.3 billion in AI firm Scale, recruits its CEO for 'superintelligence' team

Meta is making an investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing "superintelligence" at the tech giant.

4hon MSN

Meta-Scale AI deal raises client conflict risk with Google, Microsoft

Google and other big tech companies are rethinking their ties with Scale AI. This follows Meta's significant investment in ...

2h

Meta’s AI push drives stock higher: is there further upside or is the stock fully priced?

Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...

Stocktwits on MSN2d

OpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays Wary

OpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a ...

2d

Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal

A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms ...

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