Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.

Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.

A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms Inc.’s $14.3 billion mega investment in the artificial intelligence startup.

Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter.

This week, the Meta Group acquired a 49% stake in Scale AI. This has apparently also had an impact on the rest of the Scale customer base.

Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander Wang joined Meta, as concern for data security grows.