<ul data-eligibleForWebStory="true"><li>Meta is acquiring 49% of Scale AI for $14.3 billion and hiring its CEO to boost AI efforts.</li><li>Alexandr Wang, CEO of Scale AI, will lead a new AI lab at Meta focusing on 'superintelligence'.</li><li>Wang will report directly to Meta CEO Mark Zuckerberg and continue serving on Scale's board of directors.</li><li>Meta plans to reveal more details about this AI initiative in the upcoming weeks.</li><li>Mark Zuckerberg has been recruiting researchers to join Wang's team, offering lucrative compensation packages.</li><li>Scale AI collaborates with tech giants like Google, OpenAI, and Anthropic to train AI models through data annotation.</li><li>The data annotation work is crucial for AI development and is mainly outsourced to low-cost labor outside the US.</li></ul>

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

Discover more