Meta is investing in Scale AI in a deal that values the company at more than US$29 billion, Scale announced on 12 June 2025. Founder Alexandr Wang is joining Meta to work on AI.
Scale’s board has named chief strategy officer Jason Droege interim chief executive. Wang will retain his board seat. Scale says it remains independent and that Meta will hold a minority of its equity.
Associated Press reports an investment of US$14.3 billion for a 49% stake.
Axios says the shares carry no voting rights.
The agreement expands their commercial relationship. Scale plans to use proceeds for its business and make distributions to shareholders and vested equity holders, who can remain investors.
An existing relationship
Meta already participated in Scale’s US$1 billion financing in May 2024, which valued the company at US$13.8 billion. That round combined new funding and sales of existing shares, according to Scale’s announcement.
Scale supplies data for developing and evaluating AI systems. Its 2024 announcement described work on autonomous vehicles, language-model feedback and testing for government and enterprise customers. The company identified Meta and Microsoft among its customers, putting it inside the data supply chain used by multiple AI developers.
Illustration: Sulat. Logos: Meta, Scale.
Discover more from Sulat AI & Tech News
Subscribe to get the latest posts sent to your email.
