Can Scale AI and Alexandr Wang reignite Meta’s AI efforts?
Meta is reportedly investing nearly $15 billion in the data-labeling firm Scale AI and taking a 49% stake in the startup, while also bringing on CEO Alexandr Wang to help lead a new “superintelligence” lab within the company. The deal is reminiscent of Meta’s previous large and risky bets, such as its $19 billion acquisition of WhatsApp and its $1 billion Instagram purchase. At the time those mergers closed, many people suggested Meta had grossly overpaid for the platforms — and today’s discour