Meta Finalizes $14.3 Billion Investment in Scale AI, CEO Alexandr Wang Joins Meta for Superintelligence Initiatives
Meta Finalizes $14.3 Billion Investment in Scale AI, CEO Alexandr Wang Joins Meta for Superintelligence Initiatives Meta has confirmed a substantial strategic investment in data-labeling powerhouse Scale AI, valued at $29 billion. The tech giant has acquired a 49% stake in Scale AI, committing approximately $14.3 billion to the deal. Crucially, as part of this landmark partnership, Scale AI co-founder and CEO Alexandr Wang is stepping down from his leadership role to join Meta. Wang will dedicate his expertise to…