News

Alexandr Wang is the co-founder and former CEO of Scale AI. Wang is the youngest self-made billionaire and worth even more with a recent Meta Platforms investment into his company. This simple ...
Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.
In the summer of 2016, Alexandr Wang was a 19-year-old building his data-labeling startup, Scale AI, in a Silicon Valley pool house with his cofounder, Lucy Guo, while the two participated in the ...
AI is creating billionaires at unprecedented speed as startups hit multibillion valuations, secondary sales unlock cash, and ...
A coalition of advocacy organizations is calling on the Federal Trade Commission (FTC) to investigate Meta Platforms Inc.’s ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.
On June 12, Alexandr Wang stepped down as Scale’s CEO to chase his most ambitious moonshot yet: building smarter-than-human AI as head of Meta’s new “superintelligence” division. As part ...
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
Weeks after Meta poured $14.3 billion into Scale AI and hired founder Alexandr Wang, the artificial intelligence startup is cutting 200 full-time employees, or 14% of its staff.
Wang owns an estimated 14% of Scale AI and became the world's youngest self-made billionaire. Today, Wang is worth $3.6 billion according to estimates from Forbes.