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Scale AI Picks New CEO

Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta

With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.

Bloomberg · 8h

Scale AI Picks New CEO as Wang Set to Join Meta After Investment

Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its next chief executive officer following a multibillion-dollar investment from Meta Platforms Inc., according to two people familiar with the matter.

The Wall Street Journal on MSN · 2d

Meta in Talks to Invest $14 Billion in Scale AI, Hire CEO Alexandr Wang

The planned deal is part of a broader revamp of Meta’s AI leadership after its struggles to build the technology.

21m

Factbox-Meta's Scale AI Stake Buyout Spotlights Other Major Deals Amid Regulatory Risks

The Scale AI deal comes when Meta, which has a market value of $1.77 trillion, contends with antitrust scrutiny surrounding its acquisitions of WhatsApp and Instagram. Here are Meta's major deals over ...

Meta Invests $14.3 Billion in Scale AI to Kick-Start Superintelligence Lab

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.

2hon MSN

Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr ...

2don MSN

Meta to pay nearly $15 billion for Scale AI stake, The Information reports

Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information ...

Meta is paying $14 billion to catch up in the AI race

As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi ...