Scale AI's Alexandr Wang confirms departure for Meta
Digest more
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.
By Jody Godoy (Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test how the Trump administration views so-called acquihire deals,
Launched in April, the Meta AI platform offers a “discover” feed that includes user queries containing medical, legal, and other seemingly sensitive information.
Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.
Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
Explore more
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
META Platforms stock (NASDAQ: META) has witnessed a substantial increase, spurred by investor enthusiasm over rising user interaction and consistently robust quarterly earnings. So far this year, Meta has gained 16%, significantly outperforming the wider NASDAQ index, which has increased by 2%.
Meta's new AI tool, Devmate, is powered by models from rivals including Anthropic's Claude. It reflects how the company uses competitor AI models.
For now, it’s advisable, if you’re going to use the Meta AI app, to go to your settings (or your parents’ settings) and make all of your public prompts visible only to you. To do that, pull open the Meta AI app and: Tap your profile icon at the top right.