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LONDON DAILY ARCHIVE

Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions

Scale AI chief joins company under $14.3 B investment deal

23 June 2025 · 02:01 UTC

Meta has secured a 49 percent stake in Scale AI in a $14.3 billion agreement that brings 28‑year‑old founder Alexandr Wang into its superintelligence team, signaling a significant push to reinvigorate its artificial intelligence strategy.