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Meta seals multibillion dollar deal with Scale AI to hire its CEO Alexandr Wang: Reports
short by Medhaa Gupta / on Friday, 13 June, 2025
Meta has sealed a multibillion-dollar deal with Scale AI to hire its CEO Alexandr Wang to play a role in the tech giant's artificial intelligence strategy, reports said. Wang confirmed on X that he will be leaving his post as Scale AI's CEO to join Meta's AI team. Meta reportedly invested $14.3 billion to get 49% stake in the startup.
read more at Reuters