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Meta boss Mark Zuckerberg on Monday unveiled a restructuring of the company’s AI operations as it pursues what he dubbed “superintelligence,” – and Wall Street cheered by pushing the stock to another all-time high.
Zuckerberg, 41, told employees that the newly formed Meta Superintelligence Labs will be spearheaded by former Scale AI CEO Alexandr Wang, who joined the Big Tech giant after Zuckerberg spent nearly $15 billion for a 49% stake in the startup.
“As the pace of AI progress accelerates, developing superintelligence is coming into sight,” Zuckerberg said in an internal message to employees first obtained by Bloomberg. A Meta source confirmed the report. “I believe this will be the beginning of a new era for humanity, and I am fully committed to doing what it takes for Meta to lead the way,” he added.
Zuckerberg said Wang, who will serve as chief AI officer, was the “most impressive founder of his generation,” according to the memo.