Meta is investing $14.3 billion to stay at the forefront of the AI race, directing funds to Scale AI, a company specializing in data processing for AI training. Alexandr Wang, founder and CEO of Scale AI, will reportedly report directly to Mark Zuckerberg while remaining on the company’s supervisory board.
Rumors of a merger have now been confirmed by both parties. Wang will lead a new AI team at Meta focused on developing superintelligence lab, with Jason Droege stepping in as interim CEO. Scale AI collaborates with major AI providers and various governments, offering services like Defense Llama, based on Meta’s Llama AI model, for U.S. security agencies.
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Meta plans to share more details about this collaboration in the coming weeks. By acquiring a 49 percent stake in Scale AI, Meta secures valuable AI expertise while circumventing competition law requirements.
Last year, Scale AI raised $1 billion from investors, including Amazon and Meta, reaching a valuation of $13.8 billion.
