Scale AI Secures Meta Investment, Company Valuation Raised to Over $29 Billion

The artificial intelligence startup has not disclosed the amount of the investment. Scale AI has been valued at over $29 billion following a significant investment from Meta, which will see its founder, Alexandr Wang, join the social media giant to work on its AI initiatives. The AI startup announced the investment on June 12, 2025, confirming an earlier report by the Wall Street Journal. Purpose and impact of the investment The data labeling company stated that the proceeds from the investment will be distributed to its shareholders, accelerate...