00:00It's Benzinga bringing Wall Street to Main Street.
00:02Scale AI plans to name Chief Strategy Officer Jason Droge as its new CEO following a multi-billion
00:08dollar investment for Meta, Bloomberg reported.
00:10Founder and current CEO Alexander Wang expected to leave the data labeling startup and join
00:15Meta as part of the deal, which may be announced as soon as Thursday.
00:18Wang has built strong ties in Washington and is seen as a key figure in AI.
00:22Additional scale employees may also join Meta after the investment closes.
00:25For all things money, visit Benzinga.com slash GSTV.
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