The value of Scale AI is estimated at 7.3 billion. Wang owns about 15 percent.
Alexander Wang founded Scale AI, which can analyse and process satellite images or images from autonomous vehicles much faster than humans. Thanks to its efficiency, the US military and giants such as General Motors, Airbnb and Samsung ordered its services.
He left college to build his own business at nineteen.The value of Scale AI is estimated at 7.3 billion. Wang owns about 15 percent, which makes him the youngest self-made billionaire.
"Every industry sits on a huge amount of data. Our goal is to help unlock the potential of data and use artificial intelligence to strengthen its business,” Wang told Forbes.
According to him, Scale is building a database for the future of artificial intelligence. Its infrastructure can then be followed by other organizations within this industry.
According to the Business of Business, he came up with the idea at university. When he tried to program a refrigerator device that would tell him when and what to buy, he ran into a lack of data.
