capital · May 16, 2026
Meta-backed Scale AI revenue projected to top $1 billion in 2026 amid strategic pivot
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Scale AI CEO Jason Droege disclosed on May 15, 2026, that revenue is projected to exceed $1 billion for the year. The projection follows Meta's $14 billion investment for a 49% stake in June 2025 and Alexandr Wang's departure to Meta. Scale AI secured a $500 million U.S. Department of Defense contract last week for Project Thunderforge AI agents in military mission planning. Scale AI was selected last month with Palantir for the $185 billion Golden Dome missile defense initiative. Investor Coatue cited Scale AI's combination of frontier model training experience and enterprise deployment capabilities as key to sustaining its $29 billion valuation and IPO path.
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