Facing frustration over Meta's lagging AI progress, CEO Mark Zuckerberg is investing $14-15 billion in Scale AI, giving Meta a 49% stake in the company.
Scale AI, valued at $14 billion, is known for its data labeling strength and will have its CEO, Alexandr Wang, co-lead a new AI lab at Meta.
This strategic investment will not lead to a full acquisition, likely due to ongoing antitrust scrutiny. Meta aims to fast-track progress towards artificial general intelligence (AGI).
By backing Scale AI, Meta inherits valuable intelligence and positions itself to benefit from Scale's extensive insight into competitors' architectures and data pipelines.