- Meta is forming a new AI research lab dedicated to "superintelligence," according to a report from The New York Times.
- Alexandr Wang, founder and CEO of the startup Scale AI, is reportedly joining the lab.
- The research lab is Meta's latest effort to gain an edge in the fiercely competitive AI development space.
Meta is forming a new artificial intelligence research lab and bringing on Alexandr Wang, founder and CEO of the startup Scale AI, according to The New York Times.
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WATCH HEREThe research lab is going to pursue a concept known as "superintelligence," which is an AI system that surpasses human intelligence, the Times reported Tuesday. Meta is also in advanced talks to invest more than $10 billion in Scale AI, according to a report from Bloomberg.
Scale AI declined to comment. Meta did not respond to CNBC's request for comment.
The reported research lab is Meta's latest effort to gain an edge in the fiercely competitive AI development space. Meta has been pouring billions of dollars into the technology, announcing plans to spend as much as $65 billion in capital expenditures for AI infrastructure this year.
Late last month, Meta announced that its AI assistant supports 1 billion monthly active users across the company's family of apps. In February, CNBC reported that Meta was planning to debut a stand-alone Meta AI app during the second quarter and test a paid subscription service akin to rival chat apps such as OpenAI's ChatGPT.
Money Report
Shares of Meta were up about 1% on Tuesday.
Read The New York Times story here.
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SIGN UP — CNBC's Jonathan Vanian contributed to this report.
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