Alexandr Wang was a math whiz as a kid, and he enjoyed competing in national math and coding competitions. He is the world’s youngest self-made billionaire, at the age of 25, and his firm utilises artificial intelligence to calculate the amount of damage Russian bombs cause in Ukraine.
According to Forbes, Wang’s six-year-old San Francisco–based company, Scale AI, has already received three contracts totalling $110 million to assist the US Air Force and Army in the use of artificial intelligence (AI).
Scale AI’s technology examines satellite photos considerably faster than human analysts, and it’s not just for the military. According to Forbes, Scale is used by over 300 organisations, including Flexport and General Motors, to assist recover information from raw data such as self-driving car footage or millions of papers.
Alexandr Wang told Forbes, “Every sector is sitting on massive volumes of data.” “Our goal is to assist them in unlocking the data’s potential and using AI to accelerate their businesses.”
According to the Forbes story, he founded the company when he was 19 years old, and it is now valued at $7.3 billion after a $325 million fundraising round last year. Wang owns a 15% share in the company, which is worth an estimated $1 billion, making him the world’s youngest self-made millionaire.
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