Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Alexandr Wang cofounded Scale AI. He's about to become a very expensive hire at Meta.

The remarkable 97% increase in Meta’s stock can be linked to three primary factors: a 26% growth in the company’s revenues, escalating from $135 billion to $170 billion in this timeframe; and a slight 1% decrease in total shares outstanding, bringing the total to 2.6 billion.

Meta's new AI tool, Devmate, is powered by models from rivals including Anthropic's Claude. It reflects how the company uses competitor AI models.

Mark Zuckerberg has reorganized his company’s ambitions around a hypothetical future that is suddenly the talk of Silicon Valley.

Alexandr Wang, once the youngest self-made billionaire in the world, has agreed to join Meta to work on AI “superintelligence,” leaving the startup that made him rich after dropping out of MIT. Alexandr Wang’s Scale AI just inked a $14.

For now, it’s advisable, if you’re going to use the Meta AI app, to go to your settings (or your parents’ settings) and make all of your public prompts visible only to you. To do that, pull open the Meta AI app and: Tap your profile icon at the top right.