data labeling AI News & Updates

Meta Invests $14.3 Billion in Scale AI for 49% Stake to Accelerate AI Development

Meta has invested $14.3 billion to acquire a 49% stake in data-labeling company Scale AI, bringing co-founder Alexandr Wang onto Meta's team. The move reflects Meta's urgency to compete in the AI race against companies like OpenAI and Google, though questions remain about Meta's overall AI strategy.

Meta Invests $14.3 Billion in Scale AI for 49% Stake, CEO Joins Meta's Superintelligence Efforts

Meta has invested approximately $14.3 billion for a 49% stake in data-labeling company Scale AI, valuing the startup at $29 billion. Scale AI's co-founder and CEO Alexandr Wang is joining Meta to work on the company's superintelligence efforts, while Scale AI remains an independent entity with Jason Droege as interim CEO.

Meta Invests $15B in Scale AI and Forms New Superintelligence Lab

Meta is reportedly investing nearly $15 billion in data labeling firm Scale AI, taking a 49% stake and bringing CEO Alexandr Wang to lead a new "superintelligence" lab. The move comes as Meta struggles to compete with rivals like OpenAI and Google, following disappointments with its Llama 4 models and significant talent attrition to other AI labs. The deal aims to address Meta's data innovation challenges and accelerate its AI capabilities development.

Meta Considers $10+ Billion Investment in Scale AI Data Labeling Company

Meta is reportedly in talks to invest over $10 billion in Scale AI, a company that provides data labeling services for training AI models to major tech companies including Microsoft and OpenAI. This would represent Meta's largest external AI investment and one of the biggest private company funding rounds ever, as Scale AI projects revenue growth from $870 million to $2 billion this year.