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Scale AI CEO Alexandr Wang departs to join Meta after securing multibillion-dollar investment

  • Scale AI Inc. CEO Alexandr Wang is leaving to join Meta Platforms Inc. after Meta's significant investment in Scale AI.
  • Jason Droege will be the interim CEO at Scale AI, succeeding Wang.
  • Meta has reportedly invested $14.3 billion in Scale AI, acquiring a 49% stake.
  • Wang will lead an AI research lab at Meta, focusing on AI advancements and will bring some Scale colleagues along.
  • Scale AI supports AI model developers like OpenAI and Google through data labeling services.
  • The company, founded in 2016, earned $870 million in revenue in 2024.
  • Scale AI forecasts sales of over $2 billion in 2025.
  • Wang's move to Meta reflects the company's focus on AI development to compete with other tech giants.
  • Meta CEO Mark Zuckerberg places faith in Wang to enhance AI training efforts and develop 'superintelligence.'
  • Wang will continue supporting Scale AI's mission and vision as a board director.

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