Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.

Wang is the CEO of Scale AI, a data company that works with giant AI leaders like Meta and OpenAI. And Meta just spent about $15 billion to buy a 49% stake in Scale AI. Meta confi

As part of the deal, Wang will report directly to Meta CEO Mark Zuckerberg, the company announced on Thursday. He will lead a new AI lab inside Meta tasked with building “superi

With Scale AI founder and CEO Alexandr Wang headed to Meta for high-profile role in artificial intelligence, the startup is promoting its strategy head.

Meta is betting big on a new superintelligence lab, luring talent with massive paychecks and bringing in Scale AI’s Alexandr Wang—but insiders warn that deep internal dysfunction could sabotage the effort.

According to a report by The Information, the deal would give Meta a 49% stake in Scale AI in its largest external investment to date.

Meta eyes a $10 billion deal with Scale AI, signaling a stronger push for A.I. research and innovation, with potential shifts in the tech industry’s power dynamics.