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Scale AI gets Meta’s money, CEO Wang to join Meta AI

Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
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As a humanity-first AI company, Scale.ai confirmed on June 13, 2025, that it has received a significant new investment from Meta Platforms, a possibility that Coin Headlines had reported earlier. The company also clarified in its press release that Scale’s co-founder, Alexandr Wang, is joining Meta to work on Meta’s AI efforts, but will continue to serve as a director on the Scale Board.

While there is no confirmation on the exact amount Meta has pumped in, reports suggest an investment of $14.3 billion. This takes Scale.AI’s valuation to over $29 billion. Meta will now hold a minority stake of 49% in Scale.AI, but the company will continue to function as an independent entity.

Scale will use the money from the deal to speed up innovation and build stronger partnerships with its customers. It will expand both the company’s commercial relationship and accelerate the deployment of Scale’s data solutions.

Wang makes way for Jason Droege

Following Wang’s departure, Scale’s Board of Directors have appointed Chief Strategy Officer, Jason Droege, to serve as the Company’s Interim Chief Executive Officer. Droege is a seasoned technology executive and entrepreneur who joined Scale in September 2024. Before joining Scale, he was a Venture Partner at Benchmark, prior to which he was among the founder members of Uber Eats.

Commenting on the investment, Alexandr Wang, Founder of Scale said that his company was instrumental in bridging the gap between human values and technology to help customers realize AI’s full potential. “Meta’s investment recognizes Scale’s accomplishments to date and reaffirms that our path forward – like that of AI – is limitless,” Wang said.

Interestingly, the large investment by Meta will make its way to Scale shareholders and vested equity holders, providing them with liquidity through the fresh money. According to TechCrunch, last year, Scale AI raised $1 billion from investors, including Amazon and Meta, at a valuation of $13.8 billion.

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