capital · May 22, 2026
Meta Invests $14 Billion in Scale AI and Hires Alexandr Wang as Chief AI Officer
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Meta invested $14 billion in Scale AI last month as part of a deal that included purchasing equity in nearly half the company and hiring ex-CEO Alexandr Wang to lead its new Superintelligence group. The investment valued aspects of the data-labeling startup at $29 billion according to related reports. Alexandr Wang previously co-founded Scale AI in 2016. The deal followed Scale AI’s prior funding rounds that brought total capital raised to $1.6 billion and a valuation of $13.8 billion in earlier rounds.
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