Meta Platforms just sealed a major investment deal with Scale AI, boosting the startup’s valuation past $29 billion.
The news dropped Thursday. This deal marks a significant vote of confidence from Meta in Scale AI’s data-labeling and machine learning tech.
Scale AI’s latest funding round pushes it into the ultra-high-value startup club. The exact terms of Meta’s stake weren’t disclosed, but the $29 billion-plus valuation signals big growth expectations.
This move comes as AI-driven tech firms continue to attract massive backing from the biggest tech players.