Scale AI, Meta and Wang
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Scale AI founder postpones parenthood until brain-computer interfaces are routine, citing neuroplastic potential. Meta's acquisition supports his stance.
One of the terms of Meta's $14.3 billion investment in Wang's company, Scale AI, was that he joins Meta in a leadership role.
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 is bringing on Scale AI's CEO Alexandr Wang in a deal worth up to $15 billion to lead a new superintelligence lab and reboot its AI ambitions with cutting-edge data expertise
Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC previously reported.