People make stupid acquisitions all of the time.

Wang fits the profile of a possible successor ceo for meta. Young, hit it big early, hit the ai book early straight out of college. Obviously not woke (just look at his public statements).

Unfotunately the dude knows very little about ai or ml research. He's just another wealthy grifter.

At this point decision making at Meta is based on Zuckerberg's vibes, and i suspect the emperor has no clothes.