Meta invests in Scale AI, valuing startup at over $29 billion; founder Alexandr Wang to join Meta

Scale AI, a startup known for its “humanity-first” approach to artificial intelligence, announced late Thursday a major new investment from Meta that pushes its valuation beyond $29 billion.

As part of the deal, Scale AI founder and CEO Alexandr Wang will join Meta to contribute to the company’s growing AI initiatives, according to a statement from the startup. The details of Wang’s role within Meta have not yet been disclosed.

The move marks a significant partnership between one of Silicon Valley’s leading AI data infrastructure firms and one of the largest tech companies investing heavily in generative AI. The collaboration suggests deeper integration of Scale AI’s data capabilities into Meta’s AI research and product development efforts.