Meta’s $14.3 Billion Bet on Alexandr Wang: What Today’s AI, Valuation and C‑Suite Shake-Up Mean for META Stock
Meta hired Alexandr Wang, 28, founder of Scale AI, in a $14.3 billion deal for a 49% stake and appointed him to lead Meta Superintelligence Labs. The company faces a leadership shake-up, with its chief revenue officer and other executives departing. Analysts say Meta’s AI strategy remains undervalued, while some market notes argue its AI investment is priced for disappointment.