Meta Invests in Scale AI as Founder Moves to Meta’s AI Team

Meta’s latest bet on AI sees it investing in Scale AI, valuing the company at over $29B. Alexandr Wang, the founder, will be joining Meta to focus on AI initiatives, with Jason Droege taking over as interim CEO. The deal boosts Scale’s innovation push and gives shareholders a payout, with Meta gaining a minority stake.

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Meta in Talks to Invest Over $10B in Scale AI: Biggest Private AI Bet Yet

Meta is reportedly eyeing a massive $10B+ investment in Scale AI—making it one of the largest private tech deals ever. Scale, which powers Microsoft and OpenAI with clean training data, could soon hit a $25B valuation. The deal reflects Meta’s growing AI ambition, especially in defense, as it partners with Scale on military AI tools like “Defense Llama.”

Read more on: Bloomberg

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