Meta Invests $14.3B In Scale AI, CEO Wang Joins Meta

Meta has made a $14.3 billion investment in the artificial intelligence startup Scale AI, acquiring a 49% stake while allowing Scale to remain independent. As part of this deal, Scale AI co-founder and CEO Alexandr Wang is stepping down to lead Meta's new "superintelligence" research lab focused on advanced AI systems, though he will retain a seat on Scale's board. Jason Droege, Scale's chief strategy officer, has been appointed interim CEO and emphasized that Scale is not pivoting or winding down, continuing its multiple promising business lines. Wang, known for his extensive networking within the AI community, has been influential in building Scale AI, which provides crucial data infrastructure for training AI models and counts major tech companies like OpenAI, Google, and Meta as customers. This move reflects Meta CEO Mark Zuckerberg's renewed focus on AI and "superintelligence" as the company competes with rivals such as Google and OpenAI. Wang's departure from Scale and the substantial investment highlight Meta's strategic push to deepen its AI capabilities by integrating top talent and expanding its partnership with Scale AI.