Scale AI confirms 'significant' investment from Meta
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Stocktwits on MSNOpenAI Commits To Scale AI Partnership Amid Meta’s $14.8B Stake, But Retail Stays WaryOpenAI reportedly plans to maintain its collaboration with Scale AI, despite Meta Platforms Inc. (META) acquiring a significant stake in the AI data provider. A Reuters report said OpenAI’s Chief Financial Officer,
Meta has strategically invested in Scale AI, pushing the company’s valuation to over $29 billion. This move is part of a broader partnership aimed at accelerating AI development. Scale AI’s founder and CEO, Alexandr Wang, will join Meta to support its internal AI initiatives while continuing to serve on Scale’s board.