Menlo Park, CA - June 13, 2025 - Meta is investing $14.3 billion in Scale AI and recruiting its CEO, Alexandr Wang.
The deal aims to boost Meta's AI efforts, with Wang joining a team focused on "superintelligence." Meta will hold a 49% stake in Scale AI, which will remain independent.
Wang will join Meta, while Jason Droege becomes interim CEO of Scale. This move follows similar strategies by other tech giants to acquire AI talent.
Meta's chief AI scientist, Yann LeCun, emphasizes the focus on human-level AI. Meta is also providing AI services to the federal government.