Meta, the parent company of Facebook and Instagram, has made a significant investment in Scale AI, valuing the data-labeling startup at $29 billion. As part of the deal, Alexandr Wang, the 28-year-old CEO and co-founder of Scale AI, will join Meta to work on its superintelligence efforts.
Who is Alexandr Wang?
Alexandr Wang is a young entrepreneur who co-founded Scale AI in 2016 at the age of 19. He dropped out of MIT to focus on building his startup, which provides data annotation services to companies like General Motors, OpenAI, and Uber. Wang’s leadership has propelled Scale AI to become a leader in the AI industry ².
Key Highlights of Alexandr Wang’s Profile
– Age: 28
– Net Worth: Estimated $3.6 billion by Forbes
– Background: Born in Los Alamos, New Mexico, to Chinese immigrant physicists
– Education: Dropped out of MIT to co-found Scale AI
– Achievements: Became the world’s youngest self-made billionaire at 24 .
Impact of the Deal
The investment in Scale AI and Wang’s hiring are seen as strategic moves by Meta to enhance its AI capabilities. Wang will lead Meta’s new superintelligence lab, focusing on developing AI systems capable of artificial superintelligence. This move demonstrates Meta’s commitment to staying competitive in the AI landscape .