Meta Discusses $10 Billion Investment In AI Startup Scale AI Founded By Alexandr Wang

Meta is in discussions to invest up to $10 billion in Scale AI, a data-labeling and AI services startup founded in 2016 by CEO Alexandr Wang. This investment could make it one of the largest private funding events ever, potentially surpassing Scale’s last valuation of around $14 billion in 2024. Scale’s rapid growth has seen its revenues hit $870 million last year with projections to reach $2 billion in 2025, largely fueled by the generative AI boom. Meta’s investment, which would mark its largest external AI bet, comes as the company—under CEO Mark Zuckerberg—makes AI its top priority, planning to spend $65 billion on AI initiatives this year. Scale’s strategic focus on defense tech, including a program with Meta called Defense Llama, aligns with Meta’s growing interest in AI applications for the military. AMOUNT: $10,000,000,000 HQ: #MenloPark #California #VentureCapital #Meta #MarkZuckerberg #ScaleAI #TradedVC

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Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC