Here's your Forbes Daily Briefing for Friday, April 18th. Today on Forbes, this AI founder has

unseated Taylor Swift as the world's youngest self-made woman billionaire. Buzzy Artificial

Intelligence Company's Scale AI is wrapping up a tender offer that allows early employees and investors in the

nine-year-old private company to sell shares to new or returning investors. The deal, which one

source said will, quote, go ahead provided the sky doesn't fall down, and is slated to be completed

by June 1st, values the AI company at $25 billion, according

to several people familiar with the offer.

That's an 80% jump since last May, when it raised $1 billion at a $13.8 billion valuation.

The new valuation makes Lucy Guo, the 30-year-old co-founder of Scale AI, the youngest self-made woman billionaire on the planet.

Guo unseats pop star Taylor Swift, who is 35 years old, and who has held that title since Forbes declared her a billionaire in late 2023.

Guo, a computer science college dropout, co-founded artificial intelligence firm's

Scale AI in 2016 when she was 21 years old, with Alexander Wang, who was then 19.

Wang became CEO, and Guo ran the operations and product design teams at the San Francisco

startup.

The co-founders both made Forbes's under 30 list in 2018.

That same year, the pair disagreed about how the company was being run,

and Wang reportedly fired Guo.

In a statement, Guo says, quote,

We had a difference of opinion, but I am proud of what Scale AI has accomplished.

After leaving Scale AI, she astutely held on to most of her stake in the company, while pursuing

her next startup. Guo still owns an estimated stake of just under 5% of Scale AI, worth nearly

$1.2 billion. She won't comment on whether she is selling any of her

...