Scale AI, a leading AI infrastructure company, announced a landmark investment from Meta Platforms Inc. that pushes Scale’s valuation beyond $29 billion. The deal significantly strengthens the commercial collaboration between the two companies, aimed at accelerating the adoption of Scale’s advanced data solutions.
As part of this next phase, Scale founder and CEO Alexandr Wang will join Meta to support its growing AI initiatives. While stepping back from daily operations, Wang will remain on Scale’s Board of Directors and continue to guide the company’s mission of aligning AI with human values.
To ensure smooth leadership transition, Scale’s Chief Strategy Officer Jason Droege has been appointed Interim CEO. Droege, a seasoned tech executive with over two decades of experience, previously led Uber Eats and held leadership roles at Axon and Benchmark. Since joining Scale in September 2024, he has played a key role in expanding the company’s enterprise and AI lab partnerships.
Meta’s investment not only brings financial backing but also validates Scale’s strategic direction. The company plans to use the funds to enhance innovation, deepen client relationships, and provide liquidity to shareholders, while Meta will hold a minority equity stake.
“AI is reshaping every sector, and Scale stands at the center of that transformation,” said Wang. “Jason’s leadership will drive our next chapter, and I’m confident in our team’s ability to deliver impactful AI solutions.”
Jason Droege echoed the optimism: “This investment signals Meta’s belief in our mission and our team. We’re committed to building AI solutions that solve real problems for our customers.”
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News Source: Businesswire.com
