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Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top ...
The tech giant is spending about $15 billion for the stake. Scale's founder and CEO, Alexandr Wang, is joining Meta to work on the tech giant's AI efforts. Here are five key things to know about Wang.
Alexandr Wang, the 28-year-old CEO and co-founder of Scale AI, is leaving his position to head up a new unit at Meta dedicated to developing “superintelligence,” or an AI that’s better than ...
Wang will be replaced as CEO on an interim basis by Scale AI Chief Strategy Officer Jason Droege. The new CEO is a veteran tech investor and a co-founder of Uber Eats food delivery platform.
OpenAI has been winding down its work with Scale AI over the last year, according to a spokesperson. Meta is investing $14.3 billion into Scale AI and will have a 49% stake in the startup, which ...
Meta effort to revamp AI takes shape with reported $14.3 billion investment in Scale AI Scale founder to join Meta and work on AI By Barbara Kollmeyer Published: June 13, 2025 at 4:46 a.m. ET Share ...
Scale, now valued at $29 billion just nine years after its founding, will remain a separate company, but as part of the investment, Meta effectively poached 28-year-old Scale co-founder and CEO ...