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