Referred to as the Next Elon Musk, 26-Year-Old College Dropout Builds $7.3 Billion Empire.
Meet Alexandr Wang. He is a very talented businessperson who became the world's youngest person to make a billion dollars on his own.
When he was 24, he did something many people dream about but never do. He became a billionaire. Some people say he is as smart as Elon Musk, the man who started SpaceX and Tesla Inc.
Alexandr Wang became successful because he was interested in artificial intelligence (AI). While visiting China, he heard smart engineers talking about AI. But they were not talking about how to use it in real life. This was an important moment for him, and it made him want to learn more about AI.
Wang was very good at math and computer programming. He got a job at Quora when he was still a teenager. He worked hard to learn more, and he went to the Massachusetts Institute of Technology (MIT). There, he studied machine learning and AI. He was smart and saw a good opportunity when it came along.
When he was 19 and had only been at MIT for a year, Wang started a company called Scale AI in 2016. This was good timing because many businesses wanted to use machine learning to grow. Scale AI helped companies that make self-driving cars at first. Then it helped other types of companies like those in e-commerce, insurance, and robotics.
Many investors are giving money to AI companies. Some startups have gotten hundreds of thousands of dollars. Big companies like OpenAI have gotten billions of dollars from investors.
Wang made his company successful by using people called click workers and special AI programs. This made things work better and fairly.
Wang's company paid click workers fairly, and this made his company different from others. It became known as a company that does new and exciting things. It is still growing and making new AI tools for different businesses.
A big moment for Scale AI was when the U.S. Air Force hired them. They wanted the company to use AI to help with managing data and looking at satellite pictures. This job made Scale AI more than $350 million from government contracts. It helped make the company a big name in the AI business.