Alexandr Wang is leaving Scale AI, the startup he founded in 2016 — that made him the world’s youngest self-made billionaire — to join Meta.
Wang, 28, broke the news to employees in a memo that he posted on X on Thursday. Meta is investing $14.3 billion in Scale AI as part of the deal, in exchange for a 49% stake in the startup and access to fresh talent, including Wang. Scale AI’s valuation more than doubled from $14 billion to $29 billion due to the investment.
“Opportunities of this magnitude often come at a cost,” Wang wrote in the memo. “In this instance, that cost is my departure.”
Alexandr Wang. Photographer: