Meta to Pay Nearly $15 Billion for Scale AI Stake and Startup’s 28-year-old CEO
June 10, 2025
Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter said. The unusual deal will be structured so Meta will send the cash to Scale’s existing shareholders and place the startup’s CEO, Alexandr Wang, in a top position inside …
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