In finalizing a deal to invest $14 billion in Scale AI, Meta’s Mark Zuckerberg is hiring its co-founder Alexandr Wang to help the social media company better execute on its AI ambitions. Zuckerberg has grown frustrated that rivals like OpenAI appear to be further ahead than Meta in underlying AI models and consumer-facing apps, current and former Meta employees said. Wang has built a reputation as an ambitious leader who understands AI’s technical complexities and how to build a business, according to two former Meta AI employees. Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters
Mark Zuckerberg is so frustrated with Meta’s standing in artificial intelligence that he’s willing to spend billions of dollars to convince Scale AI CEO Alexandr Wang to join his company, people familiar with the matter told CNBC.
Meta is finalizing a deal to invest $14 billion into Scale AI,