Meta Platforms Inc. Makes Significant Equity Investment in Scale AI, Valuing Company at Over $29 Billion
Meta Platforms Inc. has made a significant equity investment in Scale AI, valuing the company at over $29 billion. This investment aims to enhance their commercial relationship and accelerate the deployment of Scale’s data solutions. Alexandr Wang, Scale’s founder, will join Meta to work on AI initiatives while remaining on Scale’s Board. Jason Droege has been appointed interim CEO. The investment will drive innovation and strengthen partnerships, with Meta holding a minority stake in Scale post-investment.
Meta Platforms Inc. has made a significant equity investment in Scale AI, Inc., valuing the company at over $29 billion. This investment will expand the commercial relationship between Meta and Scale, aiming to accelerate the deployment of Scale’s data solutions. As part of the development, Scale’s founder, Alexandr Wang, will join Meta to work on their AI efforts while continuing as a director on Scale’s Board of Directors. Scale’s Chief Strategy Officer, Jason Droege, has been appointed as the interim CEO. The proceeds from Meta’s investment will be used by Scale to drive innovation and strengthen strategic partnerships, while also providing liquidity and ongoing equity participation to Scale’s shareholders. Meta will hold a minority stake in Scale following this investment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meta Platforms Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250612873954) on June 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
