Meta, the tech behemoth, has made a "significant new investment" in artificial intelligence (AI) startup Scale AI. This investment has catapulted the valuation of Scale to over $29 billion and has marked the entrance of Scale's CEO Alexandr Wang into Meta's roster. Changz Wang is set to leave his executive position at Scale and work on Meta's AI strategies, though he will maintain his place on Scale's board.
The investment comes amidst reported frustrations by Meta's CEO Mark Zuckerberg regarding the company’s insufficient progress in AI. It was reported last month that Meta had postponed the release of its latest large language model, Llama 4, due to concerns about inadequate advancement compared to previous versions.
To accelerate progress, Zuckerberg is purportedly working towards creating a "superintelligence group" within Meta that will be headquartered close to his office in Menlo Park, California. In recent trade news, there is little change in the shares of Meta, although the company's stock has seen an 18% increase over the course of 2025.