https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution
https://x.com/alexandr_wang/status/1933328165306577316
pre money 15B, meta invests $14.3B for 49% of Scale and Alex Wang.
"Alex Wang, founder and CEO of Scale AI, is stepping down as CEO to join Meta and work on its AI initiatives. He reflects on Scale’s journey from a startup he began at MIT to a 1,500+ person company now receiving a major investment from Meta. As part of the transition, Jason Droege (former Uber Eats/Axon) will become interim CEO, and Alex will remain on the board. Meta’s investment will provide liquidity to shareholders and vested employees, while still supporting Scale’s long-term mission and growth." https://x.com/0xkoomar/status/1933341151731368266