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Coverage dated June 11, 2025 to June 12, 2025

Meta makes major investment in Scale AI, takes in CEO

Headline from Digital Journal, on the newest of 2 developments

Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech

Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Scale AI’s Business Could ‘Collapse’ If Meta Buys A Stake And Hires Its CEO

    Headline from Forbes ·

  2. Newest

    Meta makes major investment in Scale AI, takes in CEO

    Headline from Digital Journal ·

Read the reports

Reports & sources

14 articles, oldest first.

  1. Bloomberg

    Scale AI Picks New CEO as Wang Set to Join Meta After Investment (opens Bloomberg)

    Published

    Bloomberg's feed description

    Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its next chief executive officer following a multibillion-dollar investment from Meta Platforms Inc., according to two people familiar with the matter.

  2. Forbes

    Scale AI’s Business Could ‘Collapse’ If Meta Buys A Stake And Hires Its CEO (opens Forbes)

    Published

    Forbes's feed description

    The AI startup’s biggest clients, which include OpenAI and Google, won’t likely want to trust their data to a company almost half owned by Mark Zuckerberg’s tech empire.

  3. Digital Journal

    Meta makes major investment in Scale AI, takes in CEO (opens Digital Journal)

    Published

    Digital Journal's feed description

    Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech

  4. MyNorthwest

    Meta invests in AI firm Scale and recruits its CEO for 'superintelligence' team (opens MyNorthwest)

    Published

    MyNorthwest's feed description

    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

  5. Investor's Business Daily

    Meta Finalizes Scale AI Deal, Recruits Startup's CEO For AI 'Superintelligence' (opens Investor's Business Daily)

    Published

    Investor's Business Daily's feed description

    Meta stock was slightly lower Friday after it sealed a deal to invest $14.9 billion in Scale AI. Scale AI's CEO is joining Meta.

  6. NBC10 Philadelphia

    Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    Meta is investing $14.3 billion into Scale AI, landing the startup’s CEO Alexandr Wang to help the company’s artificial intelligence efforts.

  7. Forbes

    Meta Could Spend Majority Of AI Budget On Scale As Part Of $14 Billion Deal (opens Forbes)

    Published

    Forbes's feed description

    Forbes has learned the deal includes a provision to establish a 5-year commercial agreement in the hundreds of millions annually.

  8. Engadget

    Meta invests $14.8 billion in Scale AI and recruits its CEO (opens Engadget)

    Published

    Engadget's feed description

    Meta has finalized its $14.3 billion investment in Scale AI. As part of the deal, Scale AI's founder and CEO Alexandr Wang will be joining Meta and will reportedly lead its new "Superintelligence lab."

  9. Observer

    Scale AI CEO Alexandr Wang Leaves to Join Meta Following $14.3B Deal (opens Observer)

    Published

    Observer's feed description

    Meta recruits Scale AI’s Alexandr Wang in a $14.3 billion deal to lead a 50-person team focused on building artificial superintelligence.

  10. The Columbian

    Meta invests $14.3B in AI firm Scale and recruits its CEO for ‘superintelligence’ team (opens The Columbian)

    Published

    The Columbian's feed description

    Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

  11. Investopedia

    Meta Invests Big in Startup Scale AI, Brings On Its CEO for AI Development Efforts (opens Investopedia)

    Published

    Investopedia's feed description

    Artificial intelligence startup Scale AI said it received a “significant new investment” from Meta that values the company at more than $29 billion and sees its chief executive join the tech titan.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Meta makes major investment in Scale AI, takes in CEO | Since Then