- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Facebook owner Mark Zuckerberg's BIG step to develop AI models, to invest ... not in Open AI, or DeepSeek, but in...
AI Startup Scale AI CEO Alexander Wang not only founded the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.
Updated : Jun 13, 2025, 03:43 PM IST
 "Mark Zuckerberg, CEO, Meta")
TRENDING NOW
)
Big move by Deepinder Goyal, after food delivery, Zomato co-founder announces entry in this sector, aims to revolutionise...
)
Elon Musk issues warning to Donald Trump if 'Big Beautiful Bill' passes, says 'PORKY PIG PARTY!! Time for...'
)
This Muslim country bans Niqab, face coverings in public places, reason is..., not Pakistan, Saudi Arabia, UAE, Qatar, Iran, it is...
)
10 most handsome men in the World: This BTS member beats Hrithik Roshan, Chris Evans, Brad Pitt
)
'Rajesh Khanna used to hit on my hips, touch his...': Mumtaz reveals why people thought she had...
)
Meet TV's most glamorous villian who got married at 16, became mother at 17, divorced at 18, later became India's top...; her name is...
)
China's big blow to its friend Pakistan, refuses to give this weapon, Shehbaz Sharif in tension due to...
)
Death toll rises above 40 in blast at Telangana chemical factory: Know how it happened and what is the cause
)
Zerodha's Nikhil Kamath warns about future job market, says 4-yr degree not enough, names one skill to stay relevant, it is...
)
Shefali Jariwala, Sidharth Shukla, Pratyusha Banerjee: Bigg Boss contestants who died tragically
)
Shefali Jariwala's friend Pooja Ghai says she did take IV drip before her death: 'I was standing there when...'
)
Another masterstroke by Mukesh Ambani and Gautam Adani, join hands to sell..., partnership aims to improve...
)
Meet UPSC topper whose father left him, was raised by mother who worked as loan agent, once wanted to become sanyasi, cleared civil service exam in 5th attempt with AIR..., he is...
)
New UPI Rules: limits on balance check..., GPay, PhonePe, Paytm users to see major changes from...
)
Big tension for Pakistan, China, this hypersonic missile is faster, more powerful than BrahMos missile, can strike enemy at a range of..., name is...
Frustrated at Meta's slow and unsatisfactory progress in training and developing Artificial Intelligence (AI) models, CEO Mark Zuckerberg has decided to rope in talent from outside and spend billions of dollars to poach Scale AI CEO Alexander Wang. According to CNBC, the parent company of Facebook is in the final stage of the talks to seal a deal for investing $14 billion into Scale AI. Wang has not only established the most ambitious AI startup, he has built a reputation as a leader who understands AI’s technical complexities. He is also known as a person who knows how to build a business.
Why will Mark Zuckerberg not buy Scale AI?
Taking cues from other giants like Google and Microsoft, who have roped in outside talent to develop AI, Mark Zuckerberg decided not to acquire Scale AI. Instead, he has decided to buy significant stakes in the AI startup. Meta has taken this decision at a time when it is facing the Federal Trade Commission trial for antitrust claims. He does not want to worsen the case by sending signals that he is acquiring Scale AI.
Meta's stake in Scale AI?
According to 'The New York Times', Meta will take a 49% stake in the data-labeling startup and Wang will help lead a new AI research lab at the social networking company. He will be joined by some of his colleagues. Wang and Scale AI made their reputation by helping major tech companies like OpenAI, Google and Microsoft in preparing data they use to train cutting-edge AI models. Scale AI has helped Meta earlier too.
What is value of Scale AI?
Established in 2016, Scale AI is valued at $14 billion and ranked 28 on CNBC’s Disruptor 50 list. Soon, it made its presence felt and hit the headlines in 2024 when it signed one of the biggest recent commercial leases in San Francisco. It bought 180,000 square feet of space in a downtown building that had been occupied by Airbnb. It announced a multi-million-dollar deal with the US Department of Defence in March this year after collaborating with Meta on Defense Llama. It is a custom version of Meta’s open-source Llama foundation model designed to "support American national security missions".
