Mark Zuckerberg spent $16.53 billion on a 28-year-old for a surprising reason

Mark Zuckerberg has made a bold move in AI by acquiring 49% of Scale AI. Through this deal, Scale AI's co-founder and CEO, Alexandr Wang, joins Meta. At 28, Wang will lead Meta's new Super Intelligence unit.
Alexandr Wang (Photo: LinkedIn)

Source: aajtak

Meet Alexandr Wang, a 28-year-old visionary now spearheading Meta's newly formed Super Intelligence unit. This strategic move aims to position Meta at the forefront of the AI industry. Under CEO Mark Zuckerberg's leadership, Meta is investing significant sums to attract sector pioneers.

Alexandr Wang became the youngest self-made billionaire in 2021 at just 24. Let's delve deeper into his story and the groundbreaking Meta deal.

To enrich its Super Intelligence unit, Meta CEO Mark Zuckerberg has enlisted leading figures from the AI industry, such as Ruoming Pang, a former Apple employee, offering a substantial package of 200 million US Dollars (approximately 1600 crore rupees).

Alexandr Wang: The Chief Architect of Meta's Super Intelligence

Returning to Alexandr Wang’s inspirational journey, he is set to become the chief of Meta's cutting-edge Super Intelligence unit. Following a significant deal, Meta will invest 14.3 billion US Dollars (around 1.2 lakh crore rupees) into Scale AI, securing a 49% stake.

This strategic acquisition confirms Wang's pivotal role at Meta, overseeing the Super Intelligence unit.

Meta's Landmark Deal

Meta's collaboration with Scale AI marks its second-largest partnership, following the acquisition of WhatsApp for 19 billion US Dollars in 2014.

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Scale AI: A Data Powerhouse since 2016

Founded in 2016, Scale AI focuses on providing critical data for training advanced AI systems. By 2024, its valuation is estimated at approximately 14 million US Dollars.

Who is Alexandr Wang?

Born in 1997 in New Mexico, Alexandr Wang is the son of Chinese immigrant physicists working for the US Air Force.

Wang Credits His Parents

During a 2022 TED Talk, Wang credited his parents as brilliant scientists from Los Alamos, a notable town and national lab in New Mexico. Excelling in math, Wang impressed during national math and coding competitions even as a sixth-grader.

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Leaving MIT to Revolutionize AI

Enrolling at MIT, Alexandr Wang made the bold decision to leave and establish Scale AI. Today, he stands as a leader within the AI industry, poised to guide Meta into a new era of technological advancement.

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