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Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
benzinga.com/markets/tech/25/06/45919069/meta-invests-in-scale-ai-at-29-billion-valuation-taps-ceo-alexandr-wang-to-drive-internal-ai-push-as
Meta Platforms, Inc. (NASDAQ:META) has made a strategic minority investment in Scale AI, valuing the company at over $29 billion, as part of a broader partnership to accelerate AI development.
What Happened: On Thursday, Scale AI confirmed the development. The deal includes a major…
This story appeared on benzinga.com, 2025-06-13 04:24:03.