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Investing.com -- Scale AI plans to promote Chief Strategy Officer Jason Droege to chief executive officer following a multibillion-dollar investment from Meta Platforms Inc. (NASDAQ:META), according to Bloomberg, citing two people familiar with the matter.
The current CEO and founder of the data labeling startup, Alexandr Wang, 28, is expected to leave Scale AI and join Meta as part of the deal. The investment is likely to be announced Thursday.
Wang has established himself as an influential figure in the artificial intelligence industry and has developed close relationships with some officials in Washington.
Following the completion of the investment, additional Scale AI employees are expected to join Meta’s team alongside Wang.
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