Meta invests $14.3B in Scale AI, appointing CEO Alexandr Wang to lead its superintelligence unit. Learn how Wang's journey is reshaping Meta's AI vision.

Technology Technology The Big Story  Meta invests in Scale AI, taps CEO for ‘superintelligence’ push Meta, the parent company of Facebook and Instagram, is investing a

Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.

Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s new superintelligence division.

Meta has struck a $15 billion deal for a 49% stake in Scale AI, a fast-growing data-labelling startup led by 28-year-old CEO Alexandr Wang. The move puts Wang—once the worlds youngest self-made billionaire—at the helm of Metas new superintelligence research unit.

Scale AI plans to use the proceeds from Meta's investment to drive innovation and deepen relationships with key customers.

Meta considers a $15B stake in Scale AI, per The Information, aiming to boost its AI efforts and accelerate "superintelligence" development