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Meta concludes $14.3B investment in Scale AI
Meta just invested $14.3 billion in Scale AI—the startup known for labeling data that helps train smarter AI models. This deal pushes Scale AI's value past $29 billion and marks Meta's second-biggest buy after WhatsApp. It's all part of Meta's push to get ahead in artificial general intelligence (AGI).
Scale AI's leadership change and what it means for Meta
Scale AI's CEO, Alexandr Wang, is moving over to join Meta's new AGI team, while Jason Droege steps in as interim CEO at Scale. The switch fits with Mark Zuckerberg's plan to bring top business minds into the company's biggest tech projects. Plus, with Scale's track record—from helping out NVIDIA and Amazon to powering self-driving cars—Meta is betting this partnership will keep them leading the pack in next-gen AI.