M&A
Meta pays $14.3B for 49% of Scale AI and hires Alexandr Wang to run superintelligence
Meta invested $14.3B for a 49% non-voting stake in Scale AI on June 12, 2025, valuing the data-labeling company at $29B, and brought CEO Alexandr Wang in to lead Meta Superintelligence Labs. Structured as an investment to avoid a merger review, it emptied Scale of several big model-lab customers.