Meta in talks to potentially invest over $10B in Scale AI, founded by world’s youngest self-made billionaire Alexandr Wang

By Reuters June 8, 2025 | 07:24 pm PT

Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. Photo by Reuters

Meta Platforms is in talks to make an investment that could exceed US$10 billion in Scale AI, an artificial intelligence startup founded by world’s youngest self-made billionaire Alexandr Wang.

The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter, Bloomberg News reported on Sunday.

Scale AI declined to comment and Meta did not immediately respond to Reuters request for comment outside regular business hours.

Founded in 2016, Scale AI is a data labeling startup backed by tech giants Nvidia, Amazon and Meta.

Last valued at nearly $14 billion, Scale AI also provides a platform for researchers to exchange AI-related information, with contributors in more than 9,000 cities and towns.