Alexandr Wang is stepping down as CEO of his startup Scale AI to join Meta after his former company received a $14.3 billion investment from Facebook’s parent company. The deal means Facebook will ...

Last week the Facebook parent company bought a 49% stake in Scale AI for $14.3 billion and brought founder Alexandr Wang onto its artificial intelligence research team.

Google and other AI companies are cutting ties with Scale AI after Meta bought a 49% stake in the data-labeling firm.