For subscribers
The new (young) billionaires of the AI boom
Sign up now: Get ST's newsletters delivered to your inbox
Mr Alexandr Wang and Ms Lucy Guo are the founders of Scale AI, a data-labelling start-up that received a US$14.3 billion (S$18.4 billion) investment from Meta in June.
PHOTO: SHURAN HUANG/NYTIMES, AMIR HAMJA/NYTIMES
Natallie Rocha
Follow topic:
SAN FRANCISCO – The artificial intelligence (AI) boom has turned high-profile billionaires such as Mr Jensen Huang, the chief executive officer of chipmaker Nvidia, and Mr Sam Altman, the CEO of ChatGPT maker OpenAI, into even richer billionaires.
It has also produced a crop of new billionaires – at least on paper – from smaller start-ups. These individuals may become future Silicon Valley power brokers like the wealthy executives created by past tech booms, including the late-1990s dot.com frenzy, who then invested in or helped steer later waves of technology.
