Scale AI, the humanity-first AI company, has announced a transformative investment from Meta Platforms, Inc., positioning Scale’s valuation at over $29 billion. This strategic agreement not only reinforces Meta’s confidence in Scale’s capabilities but also broadens their commercial partnership, accelerating the development and deployment of data-driven AI solutions across industries.
Alongside the investment, Scale’s founder Alexandr Wang is set to join Meta’s AI efforts while remaining a director on Scale’s Board. Leadership transition is also underway with Jason Droege, Scale’s Chief Strategy Officer, now appointed Interim CEO.
Highlights of the Announcement
1. Strategic Investment by Meta
- Meta’s new investment significantly boosts Scale’s valuation to over $29 billion.
- Meta will hold a minority equity stake in Scale following the deal.
- Scale retains independent operational control and data governance.
2. Leadership Changes to Drive Next Phase of Growth
- Alexandr Wang, founder and former CEO, joins Meta’s AI team.
- Jason Droege, former Uber Eats and Axon leader, assumes role as Interim CEO.
- Droege brings over 20 years of leadership experience in scaling transformative tech platforms.
3. Strengthening Commercial Ties with Meta
- The partnership with Meta will expand beyond investment, with increased collaboration on AI data infrastructure.
- Both companies aim to fast-track AI model development and deployment by leveraging Scale’s proprietary data capabilities.
4. Distribution of Proceeds & Liquidity Event
- Scale will distribute a portion of Meta’s investment proceeds to shareholders and vested equity holders, offering immediate liquidity while maintaining ongoing participation.
- Funds will also be used to accelerate product innovation and strategic growth.
5. Scale’s Continued Independence and Mission
- Despite Meta’s investment, Scale will remain an independent AI leader.
- The company reinforces its mission to bridge human values with AI technology through trustworthy, customizable solutions for enterprises, governments, and AI labs.
- Ongoing focus on customer data privacy, enterprise-grade solutions, and human-centered innovation.
Statements from Leadership
Alexandr Wang, Founder, Scale AI:
“Meta’s investment reaffirms that our path forward—like that of AI—is limitless. I’m proud of what we’ve built and confident in Jason’s leadership as we scale even further.”
Jason Droege, Interim CEO, Scale AI:
“We’ve built the strongest foundation to tackle AI’s data challenges. I’m committed to helping Scale realize its full potential while delivering transformative value to our customers.”
Meta’s investment in Scale AI marks a pivotal moment in the evolution of enterprise-grade AI. As Scale transitions leadership and expands strategic partnerships, its commitment to innovation, independence, and a humanity-first approach remains firm. With renewed financial momentum and a deepened alliance with Meta, Scale is poised to lead the next generation of customized, secure, and scalable AI solutions for the global market.
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