AI, Meta and Scale
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Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
Meta’s V-JEPA 2 and superintelligence lab signal bold AI ambitions, but commercial payoff remains speculative. Read why I recommend a Neutral/Hold on META stock.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
Meta has invested $14.3 billion in Scale AI, acquiring a 49% non-voting stake in the company. The transaction values the data infrastructure startup at
As per the reports, Meta’s significant external AI investment in Scale AI is noted as the company’s largest to date. This move is unusual for the Mark Zuckerberg-led company, which typically relies on internal research and a more open development approach to advance its AI capabilities.
Meta said Thursday it is making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.