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Scale AI CEO joins Meta 6/13/25

TechCheck

CNBC

Disruptors, Investing, Faang, Technology, Business, Management, Cnbc, Tech

4.856 Ratings

🗓️ 13 June 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Meta making its investment in scale AI official. Spending $14.3B for a 49% stake in the company, as CEO Alexandr Wang departs for a role inside Meta. We dig into how tech giants are spending

Transcript

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0:00.0

Meta now making that investment in scale AI official with CEO Alexander Wang departing for a role at Meta.

0:07.0

Dirde Bosa has more on the news in today's tech check. It's a big one, Dee.

0:11.0

It is a big one, Carl. Good morning. So that memo that Alexander Wang posted yesterday to X, it makes clear that this meta deal is in fact another non-traditional

0:21.6

aqua hire. So it brings one of the most strategic players in AI inside Zuckerberg's tent

0:26.4

while attempting to skirt regulators that are already pushing to break off past acquisitions,

0:32.1

Instagram and WhatsApp. And they're also closely watching how big tech consolidates power in the

0:36.9

AI era.

0:37.5

Now, this also makes clear that the most sought after AI talent continues to fetch bigger

0:42.8

and bigger dollar amounts.

0:44.7

Here's what we're calling the Mount Rushmore of the AI talent wars.

0:49.1

It starts with Demas Hussabas.

0:50.7

More than a decade ago, Alphabet brought DeepMind for $400 million. That brought

0:56.1

Hassabas into the company. Now he's the most visible and influential figure driving Google's

1:02.0

most strategic work. That was in 2014, though. So that was a full acquisition and his lab deep

1:07.4

mind sits within Alphabet. Post-2020, chat GPT's release, big tech scrutiny.

1:13.2

It has been the era of non-traditional aquilers. Google's $2.7 billion deal with Noam-Shazir's

1:20.2

startup character AI that left the company, but it brought Shazir back into the fold at Google.

1:25.7

Then you have Microsoft. It did a similar thing with Mustafa Saliman and his startup inflection.

1:30.3

Open AI, of course, was bold enough to do a full acquisition, paying $6.5 billion

1:34.3

for Johnny Ives firm.

1:36.3

And now Alex Wang is the most expensive aqua hire yet $14.3 billion.

1:41.3

Now, not all of it goes to him, but this is ultimately about meta locking him in

...

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