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.

Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.

Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.

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

Meta has reportedly invested billions of dollars into AI startup Scale AI and hired its CEO, Alexandr Wang, to lead a new AI research lab. So what does that mean for Meta and the rest of the AI ecosystem?

Meta (NASDAQ:META) announced a $14.3 billion investment in artificial intelligence firm Scale, acquiring a 49% stake and valuing the San Francisco-based company at over $29 billion. A key aspect of the deal includes Scale CEO Alexandr Wang joining Meta (NASDAQ:META) to head its “superintelligence” team focused on artificial general intelligence.

What Happened: On Thursday, Scale AI confirmed the development. The deal includes a major leadership change: Scale's founder and CEO Alexandr Wang will join Meta to support its internal AI initiatives, while continuing to serve on Scale's board.

Mark Zuckerberg is hand-picking top researchers and engineers to join an upcoming AI research lab dedicated to “superintelligence," and Scale AI's Alexandr Wang is on the list.

Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months. His company’s large language model, Llama, was falling behind competitors and struggling to perform as well as models from OpenAI,