Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta

Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta


FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019.

Mike Blake | Reuters

Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC has confirmed.

Meta is finalizing a $14 billion investment into artificial intelligence startup Scale AI, CNBC reported earlier this week. Wang will help lead a new AI research lab at Meta and will be joined by some of his colleagues. The New York Times was first to report about the new AI lab.

Bloomberg first reported that Droege was picked to be the new CEO. CNBC confirmed Scale AI’s plans with a person familiar with the matter who asked not to be named because of confidentiality. Scale AI and Droege didn’t respond to CNBC’s requests for comment.

Droege joined Scale AI in August of 2024, according to his LinkedIn profile. Prior to his role at the startup, he served as a venture partner at Benchmark and a vice president at Uber.

Founded in 2016, Scale AI has achieved a high profile in the industry by helping major tech companies like OpenAI, Google and Microsoft prepare data they use to train cutting-edge AI models. 

Meta has been pouring billions of dollars into AI, but CEO Mark Zuckerberg has been frustrated with its progress. Zuckerberg will be counting on Wang to better execute Meta’s AI ambitions following the tepid reception of the company’s latest Llama AI models.

Meta will take a 49% stake in Scale AI with its investment, The Information reported.

–CNBC’s Jonathan Vanian contributed to this report



Source

Here’s how to turn off public posting on the Meta AI app
Technology

Here’s how to turn off public posting on the Meta AI app

This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images AI generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly […]

Read More
Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market
Technology

Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market

A One Medical clinic location is pictured in Emeryville, California on February 16, 2024. Loren Elliott | The Washington Post | Getty Images For the better part of a decade, Amazon has been trying to carve it’s way into the U.S. health-care market, through billions of dollars worth of acquisitions, big-name hires and high-profile partnerships. […]

Read More
Archer drops as much as 15% on 0 million share sale following Trump air taxi pilot program
Technology

Archer drops as much as 15% on $850 million share sale following Trump air taxi pilot program

Archer Aviation co-founders Brett Adcock (L) and Adam Goldstein (R) unveil the Archer Maker on June 10, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images Archer Aviation‘s stock dropped as much as 15% on Friday after the air taxi maker said it sold $850 million worth of shares. The electric vertical […]

Read More