US EditionMeta in Talks over Scale AI Investment that Could Exceed $10 Billion, Bloomberg Reports
- On June 8, 2025, Meta announced plans to invest $14.3 billion for a 49% stake in San Francisco-based Scale AI and to hire its CEO Alexandr Wang.
- This investment follows Meta's strategic push to enhance AI capabilities amid intensifying competition for artificial general intelligence in 2025.
- Scale AI, founded in 2016 by Wang, provides vital data-labeling services to major AI firms like Microsoft and OpenAI and developed Defense Llama, a military-oriented language model.
- The deal values Scale AI at $29 billion, with past revenue reported at $870 million in 2024 and projected to reach $2 billion in 2025, while Wang will lead Meta's new Superintelligence lab.
- Meta expects this partnership and Wang's leadership to accelerate its AI progress, deepening collaboration on data for AI models and expanding its superintelligence efforts.
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214 Articles
The Columbian
Meta invests $14.3B in AI firm Scale and recruits its CEO for ‘superintelligence’ team
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. Read more...
Meta poaches Scale AI CEO after taking stake in startup
Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy.
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling company Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion. The startup also said its co-founder and CEO Alexandr Wang is stepping down from his role to join Meta and help the bigger company with its AI work. Reports indicate that Meta invested about $14.3 billion for a 49% stake in the startup, which produces and labels data that’s used to train the large l…
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