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The Latest Breaking News from Alexandr Wang

Self-made billionaire college dropout Alexandr Wang signs $14.3 billion deal to bolster Meta’s AI efforts: ‘There’s a huge premium to naivete’

The agreement poaches the startup CEO from the company he founded, Scale AI, and doubles its valuation.

Fortune

Quick Facts on Alexandr Wang: The 28-Year Old CEO Poached by Meta to Disrupt Global AI Strategy

Scale AI plans to use the proceeds from Meta's investment to drive innovation and deepen relationships with key customers.

International Business Times UK

Meta Finalizes Scale AI Deal, Recruits Startup's CEO For AI 'Superintelligence'

Meta stock was slightly lower Friday on its plan to invest $14.9 billion in Scale AI. Scale AI's CEO is joining Meta.

Investors Business Daily

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Meta bets big on start-up Scale AI with €12 billion investment and hires its co-founder

Scale AI has helped major tech companies such as OpenAI, Google, and Microsoft prepare the data they use to train AI models.

Euronews

Meta Invests $14.3B For 49% Stake In Scale AI To Boost AI Capabilities

This deal marks Meta's second-largest investment to date, following its $19 billion acquisition of WhatsApp in 2014, and deepens the strategic partnership between the two companies

International Business Times

Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team

Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant

The Independent UK

Meta to announce $15bn investment in bid to achieve computerised ‘superintelligence’

Mark Zuckerberg expected to announce Meta will buy 49% stake in Scale AI as race to dominate AI market speeds up

The Guardian - UK

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Tech stocks inch up as Meta reportedly nears multi-billion dollar AI investment

The S&P 500 rose 0.55% on Tuesday as investors await resolution of U.S.-China discussions.

Fortune

Meta’s ‘superintelligence’ effort with Scale AI founder highlights its scramble to keep pace in AI race

Zuckerberg is tapping a rising AI power broker in a high-stakes move to revive Meta’s generative AI ambitions after its recent Llama 4 flop and ongoing AI talent departures.

Fortune

Former Google CEO Eric Schmidt sounds alarm over a ‘Manhattan Project’ for superintelligent AI

Eric Schmidt, Scale AI CEO Alexandr Wang, and Center for AI Safety Director Dan Hendrycks are warning that treating the global AI arms race like the Manhattan Project could have dangerous consequences.

Fortune

White House Faces Delicate Balancing Act On AI Chips

The Trump administration has a difficult balancing act ahead of it with regards to regulating the sale of U.S.-developed AI chips to China.

Investors Business Daily

How DeepSeek’s millennial cofounder became one of tech’s hottest players

The man behind DeepSeek, Liang Wenfeng, remains largely a mystery.

Fortune

China’s DeepSeek faces questions over claims after shaking up global tech

Elon Musk and Palmer Luckey among tech leaders to cast doubts on Chinese startup’s claimed budget and chip use.

Al Jazeera

Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’

Analysts say U.S. tech stocks will rebound because DeepSeek’s success will spur more investment into AI.

Fortune

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Evening Standard

Is DeepSeek really AI's 'Sputnik moment'? The hazy backstory to ChatGPT's Chinese rival

A Chinese AI company has shaken up Wall Street and Silicon Valley, but is it really the disruptor people think?

The Guardian - UK

Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’?

Liang Wenfeng, who founded the firm just two years ago, says his aim is ‘not to lose money, nor to make huge profits’

The Guardian - US

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn

International Business Times UK

Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.

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news in one place.

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The Guardian - UK

Tuesday briefing: How an unknown Chinese startup wiped $593bn from the value of an AI giant

In today’s newsletter: the US has had a huge head start on artificial intelligence – but now a low-cost rival from Hangzhou has turned the industry on its head

Fortune

AI selloff: Claims from China’s DeepSeek too good to be true?

Several voices inside the AI sector suggest the mysterious lab’s reported accomplishments can’t be taken at face value.

Laptop

DeepSeek: The best ChatGPT alternative or a hotbed of dubious claims?

ChatGPT may face its stiffest competition yet with DeepSeek, but the AI model that seems to do so much right raises a strange amount of questions.

Evening Standard

What is DeepSeek and how does it compare to ChatGPT? Chinese AI climbs to top of iPhone app chart

The Chinese startup behind the AI service is offering users its most advanced models completely free of charge

International Business Times UK

Youngest Self-Made Billionaire, Not Kylie Jenner, Reveals The AI Skills You Should Learn For Today's Economy

Self-made billionaire Alexandr Wang emphasises the crucial role of prompt engineering and AI skills in developing human-like reasoning capabilities.

Fortune

As an underrepresented venture fund CEO, I believe in meritocracy—and I invest in underrepresented entrepreneurs for a reason

They have outsized disruptive potential, says Leslie Feinzaig, because they’ve been forged in fire—something she can relate to.

Fortune

A new catchphrase is a hit with DEI critics but reveals how misunderstood hiring really is

Elon Musk and others applauded an argument for merit-only hiring, but experts say they’re misunderstanding DEI.

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