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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.