Scale AI confirms that Meta has made a landmark minority investment — $14.3 billion for a 49% stake — valuing the AI‑data firm at over $29 billion. As part of the deal, Scale founder and CEO Alexandr Wang is stepping down to join Meta’s “superintelligence” lab, while remaining on Scale’s board. Jason Droege, formerly the company’s chief strategy officer, assumes the role of interim CEO. Scale will use the fresh capital to pump up R&D, deepen partnerships, and pay out shareholders and equity‑holders. Meta gains privileged access to Scale’s AI‑training data network and executive talent amid its push to revive its AI efforts following lukewarm receptions to LLaMA 4.