The Latest Breaking News from SCALE

The artificial intelligence industry was sent into a tailspin in June when Meta announced a staggering $14.3 billion investment in Scale AI. The deal, widely seen as an elaborate scheme to hire the startup’s founder Alexandr Wang and key personnel, CNBC reported, left observers questioning whether the company could survive.

Hollywood often dominates stories of wealth and fame, but some of the most inspiring fortunes come from people building quietly in other industries. These are self-made entrepreneurs who didn’t rely on glitzy media exposure or celebrity status. Instead, they scaled real businesses, solved practical problems, and amassed fortunes often exceeding…

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing rivals like OpenAI and Google. No pressure.

Multi-billion dollar acquihires are taking CEOs and founders away from the companies they’ve started—and leaving behind employees with uncertain futures.

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook.

Helmed by Alexandr Wang, Meta’s newly created Superintelligence Labs unifies the company’s sprawling AI efforts and raises the stakes for rival AI firms.

Wang turned Scale AI into a vital piece of the AI revolution, and briefly claimed the title of youngest self-made billionaire in the process. Now Meta’s Mark Zuckerberg is paying up to bring him in-house.

Meta just dropped $14B on Scale AI to shake the competition and pursue AI profits. Much of its future now rests in the hands of a 28-year-old startup founder.