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Meta, Alexandr Wang and Scale AI
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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,
Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.
Some people are unwittingly posting their private and sometimes mortifying conversations with the Meta AI chatbot to the world.
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Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.
Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.
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.
The remarkable 97% increase in Meta’s stock can be linked to three primary factors: a 26% growth in the company’s revenues, escalating from $135 billion to $170 billion in this timeframe; and a slight 1% decrease in total shares outstanding, bringing the total to 2.6 billion.
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.