Scale AI Inc. says its founder and Chief Executive Alexandr Wang is leaving to join Meta Platforms Inc., after confirming that the social media giant has made a “significant” investment in the ...

Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has led the company since co-founding it in 2016 to supply high-quality ...

Jason Droege, Scale’s current chief strategy officer, will hop in as interim CEO. Scale AI noted that Meta’s investment will be used to pay investors and shareholders, as well as to fuel growth.

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.

Meta Platforms META 1.96% is in advanced talks to invest around $14 billion into Scale AI and hire the startup’s chief executive, Alexandr Wang, to help lead its AI efforts, according to people ...

The tech giant–which owns some of the biggest social media platforms globally–has recently tapped Alexandr Wang, the 28-year-old CEO of AI startup Scale AI, as part of its objective to boost ...

Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC has ...

Meta has acquired a 49% stake in Scale AI for $14.3 billion, valuing the data-labeling firm at $29 billion, according to Reuters. The deal brings Scale CEO Alexandr Wang aboard to lead Meta’s ...

Wang Ning, Pop Mart’s founder, has become one of China’s wealthiest individuals, primarily due to the global popularity of the character Labubu Pop Mart’s success is rooted in its “blind ...