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Alexandr Wang: Meta's billion-dollar deal

Meta spent $15 billion to buy nearly half of Scale AI, but what they really wanted was Alexandr Wang - the 28-year-old tech star who holds the key to the global AI race.

Báo Nhân dânBáo Nhân dân25/06/2025

Alexandr Wang (left) is one of the richest self-made billionaires in the world (Source: X)
Alexandr Wang (left) is one of the richest self-made billionaires in the world (Source: X)

A famous anecdote about former midfielder Paul Scholes is that Inter Milan tried to recruit him from Manchester United. According to Talksport, former Inter president Massimo Moratti once said: “We once gave Manchester United a blank cheque. But when we spoke to Scholes, he simply replied: 'If you want me, you have to buy the whole club!'”

Scholes’ answer is actually a form of what the financial world calls “Acqui-hiring” – a combination of the words “Acquisition” and “Hiring”. These are deals to buy back shares of a company not because of its products or revenue, but because of the people behind it.

And Mark Zuckerberg’s Meta just did exactly that, spending $15 billion to buy a 49% stake in technology company Scale AI. In theory, the investment helps Meta strengthen its relationship with a company that plays a key role in its ambitions to develop Artificial Intelligence (AI). But in reality, Silicon Valley experts believe that the money is to “own” CEO Alexandr Wang, America’s U30 technology genius.

The unicorn behind the unicorn

Before the Meta acquisition was announced last week, Alexandr Wang was little known outside the tech world. His name sounds almost identical to that of another Asian-American fashion designer, Alexander Wang.

Alexandr Wang became known to the public in early 2025 with his open letter to US President Donald Trump titled “America Must Win the AI ​​War”, in which he asserted that the US was at risk of losing its leading position in the AI ​​race and proposed five solutions to help the US regain the upper hand and continue to be the leader in AI.

But in Silicon Valley, Wang has long been a monster, having become the world’s youngest self-made billionaire in 2021 at the age of 24. Born in 1997 to an Asian-American family, Alexandr Wang grew up surrounded by physics and algorithms. Both his parents were physicists who worked at the Los Alamos National Laboratory, which was associated with the legendary Manhattan Project during World War II.

Wang has been fascinated with mathematics and computer programming since he was a child. In 2013, he qualified for the Mathematical Olympiad Program and was selected to the U.S. Physics Team the following year. He was a finalist in the United States Computer Science Olympiad (USACO) in 2012 and 2013.

As a teenager, he worked as a programmer at Quora. Wang briefly attended the Massachusetts Institute of Technology (MIT) and spent time developing algorithms at high-frequency trading firm Hudson River Trading, before dropping out to co-found Scale AI in 2016.

Scale AI is an artificial intelligence company that specializes in providing data labeling and model evaluation services to support the development of AI applications. With a vision focused on data infrastructure - a core element often overlooked in AI races - Scale quickly became an important partner of many leading corporations and companies in the world. Scale AI's customer list ranges from big brands such as Google, Microsoft, Open AI, Paypal, Samsung, Toyata, Uber... to government agencies.

In March 2025, Scale AI announced that it had reached an agreement with the US Department of Defense (DoD) regarding its flagship AI Agent program, marking an important step forward in the controversial application of artificial intelligence in the military field. The program, called Thunderforge ,” is considered by the Pentagon as the flagship program to deploy AI agents to serve the US military’s military planning and operations.

With such achievements in just under a decade, Scale AI quickly became a technology unicorn - a term referring to private startups valued at more than $1 billion. In 2021, Scale AI was valued at $7 billion, and with Meta's deal, the company's value has reached nearly $30 billion after nine years of establishment.

In Silicon Valley, “Acquihiring” deals are not uncommon. Just last year, Microsoft paid $650 million for AI startup Inflection, bringing in founder Mustafa Suleyman and his team.

wang.jpg
Wang (center) when he was on Quora

Also in 2024, Google paid $2.7 billion for Character.AI, thereby recruiting AI expert Noan Shazeer. The American scientist had been with Google from 2000 to 2021 before leaving to found Character.AI. Realizing that it was losing ground in the AI ​​race, Google made the deal with two goals: to bring Shazeer to lead the Gemini AI project, and at the same time own Character.AI's advanced technologies.

Every billion-dollar deal mentioned above is part of a larger plan, and Meta is no exception.

Meta's Calculation

Alexander Wang rose to prominence in the tech world not because of his professional skills as a scientist. According to The Information, Wang is “at heart a businessman with a technical background, not the kind of elite researcher that Mark Zuckerberg favors.” The Financial Times quoted many people who have worked with Wang as saying that his strengths lie not in his ability to manage people or promote in-depth AI research, but in developing and promoting the company.

Wang was present at President Donald Trump’s inauguration in January, though his presence was overshadowed by more prominent billionaires like Elon Musk, Jeff Bezos, Mark Zuckerberg, and his former roommate Sam Altman. Just a day later, he made his mark by taking out a full-page ad in the Washington Post to publish an open letter to President Trump. It was a rare bold move, and Zuckerberg needed it.

Business Insider said it had spoken to many people in the technology industry, and they compared Meta's acquisition of Scale AI to the way Apple spent $3 billion to own Beats in 2014. The reason was not because Tim Cook wanted to own the headphone division, but "wanted the artistic sense and temperament of founder Jimmy Iovine."

Meta CEO Mark Zuckerberg has a habit of appointing longtime associates to senior positions. But “outsider” Wang will be a rare exception when he joins Meta and takes on a key role. Zuckerberg is forced to break with tradition as Meta is falling behind its rivals in the “AI arms race.”

Despite Zuckerberg declaring “AI is one of the most important inventions in human history” and placing AI as the company’s focus for 2025, the company’s AI Llama model has not received many positive reviews. Wang’s arrival is expected to help Meta change the game.

The first plus point that Wang and his colleagues bring is that the data has been used to train leading AIs. Wang's Scale AI has provided input data development and labeling services to many leading AI companies, including OpenAI - the company behind the world's most popular AI ChatGPT.

In addition to data training, which is considered a difficult and obscure job in AI, Wang is also responsible for participating in the research and development project of "Super Intelligence".

OpenAI, Google, and many others are pursuing the goal of developing Artificial General Intelligence (AGI), an AI that can perform every task the human brain can. It’s an ambitious goal, though recent research from Apple suggests we’re still a long way from it. According to the New York Times, “Super Intelligence” could even surpass AGI if it could be developed.

In addition to his professional value, Wang’s joining is also a blockbuster contract, affirming that Meta is ready to welcome top technology experts with huge remuneration. He has possessed the image of a “self-made billionaire” since he was very young, has enough appeal to the media and human resources, and has good relationships both in the technology industry and the elite.

Los Alamos - the land that went down in history with the Manhattan Project and the birth of the atomic bomb - will likely once again be mentioned in the future as the birthplace of a character who can change the entire landscape of the global AI war: Alexandr Wang.

Source: https://nhandan.vn/alexandr-wang-thuong-vu-bac-ty-cua-meta-post889134.html


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