Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says

Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says


Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. 

Gonzalo Fuentes | Reuters

Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, the founder and CEO of the startup Scale AI, according to The New York Times.

The research lab is going to pursue a concept known as “superintelligence,” which is an AI system that surpasses human intelligence, The New York Times reported Tuesday. Meta is also in advanced talks to invest more than $10 billion in Scale AI, according to a report from Bloomberg.

Scale AI declined to comment. Meta did not respond to CNBC’s request for comment.

The reported research lab is Meta’s latest effort to gain an edge in the fiercely competitive AI development space. Meta has been pouring billions of dollars into the technology, announcing plans to spend as much as $65 billion in capital expenditures for AI infrastructure this year. 

Late last month, Meta announced that its AI assistant supports one billion monthly active users across the company’s family of apps. In February, CNBC reported that Meta was planning to debut a stand-alone Meta AI app during the second quarter and test a paid-subscription service akin to rival chat apps such as OpenAI’s ChatGPT.

Shares of Meta were up about 1% on Tuesday.

Read the New York Times story here.

–CNBC’s Jonathan Vanian contributed to this report

WATCH: Mark Zuckerberg makes big AI push, said to be personally recruiting team of 50: Report

Mark Zuckerberg makes big AI push, said to be personally recruiting team of 50: Report



Source

Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups
Technology

Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups

Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise huge funding rounds in the process, as investors bet big on the commercial potential of early-stage AI labs. Amid colossal spending on AI, many of these new startups are raising hundreds of millions within months of being […]

Read More
Cramer calls blistering rally in chip stocks ‘worrisome.’ How he’s protecting his portfolio
Technology

Cramer calls blistering rally in chip stocks ‘worrisome.’ How he’s protecting his portfolio

CNBC’s Jim Cramer said the blistering rally in semiconductor and AI-related stocks may be sending a warning signal about the broader market. “Lately, we’ve been seeing parabolic moves all over the market” said the “Mad Money” host. “Those are worrisome.” His caution comes after a historic run in the Philadelphia Semiconductor Index, often called the […]

Read More
Jim Cramer says this could be the biggest threat to the market’s rally
Technology

Jim Cramer says this could be the biggest threat to the market’s rally

CNBC’s Jim Cramer said one of the biggest overlooked risks to the market is a coming wave of massive initial public offerings that could drain liquidity from stocks. “A bull [market] can also be killed by excess supply — too many big IPOs and it collapses under its own weight,” said the “Mad Money” host […]

Read More