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Scale AI, a leading data-labeling startup, has confirmed a major investment from Meta, boosting the company’s valuation to $29 billion. As part of the deal, Scale’s co-founder and CEO Alexandr Wang will step down and join Meta to support its efforts in building superintelligent AI systems. According to reports, Meta invested approximately $14.3 billion for a 49% stake in Scale AI. The startup plays a critical role in the AI ecosystem, providing high-quality training data for large language models that power generative AI. Meta confirmed the partnership, stating it would deepen collaboration with Scale on data production for AI models. Wang’s move to Meta signals a strategic push by the company to accelerate its AI development and catch up with competitors like OpenAI, Google, and Anthropic. Jason Droege, currently Scale’s Chief Strategy Officer, will serve as interim CEO. Scale emphasized that it will remain an independent entity. Wang will continue to serve on the company’s board of directors. The new funding will be used to return capital to shareholders and support future growth. In recent months, Scale AI has been expanding its team, hiring top-tier talent including PhD researchers and senior engineers to meet rising demand for high-quality data. Last year, Scale raised $1 billion from investors including Amazon and Meta at a $13.8 billion valuation. Meta’s expanded investment reflects the growing importance of training data in the AI race—and the fierce competition to lead it.

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