Meta Platforms

445,946 shares of Class A common stock and 414,123,745 shares of Class B common stock held of record by Chan Zuckerberg Initiative, LLC (CZI). The 2006 Trust is the sole member of CZI.

Meta is pumping $14.3 billion into Scale AI as part of the deal, and will have a 49% stake in the artificial intelligence startup, but will not have any voting power, a Scale AI spokesperson said.

As part of this, we will deepen the work we do together producing data for AI models and Alexandr Wang will join Meta to work on our superintelligence efforts

Meta will hold a 49% stake in the startup.

Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.

Following its investment, Meta will hold a minority of Scale’s outstanding equity.

Scale AI, Inc. (“Scale” or the “Company”), the humanity-first AI company, today announced a significant new investment from Meta Platforms, Inc. (Nasdaq: META) that values Scale at over $29 billion.

today announced a significant new investment from Meta Platforms, Inc. (Nasdaq: META) that values Scale at over $29 billion.

In June 2025, we completed an investment in Scale AI by acquiring a non-voting minority of its outstanding equity.

Out of the total consideration, $13.79 billion was included in non-marketable equity investments accounted for under the measurement alternative method

mostly consist of our minority investments in Scale AI for $13.80 billion, which was closed during 2025

our minority investments in Scale AI for $13.80 billion, which was closed during 2025

With its investment, Meta has a 49% stake in a company valued on paper at $29 billion. But Meta has no voting power, a Scale spokesperson told CNBC in June

in February 2004, when Zuckerberg was a 19-year-old sophomore at Harvard, he started a Web service from his dorm. It was called Thefacebook.com

Mark Zuckerberg is our founder and has served as our CEO and as a member of our board of directors since July 2004.

Randi Zuckerberg, the sister of Mark Zuckerberg, our founder, Chairman, and CEO, was employed by us until August 2011.

James W. Breyer has served as a member of our board of directors since April 2005.

Peter A. Thiel has served as a member of our board of directors since April 2005.

along with entities affiliated with Mr. Thiel, Accel Partners, and DST Global Limited, as well as certain other parties, are parties to the IRA. We originally entered into the IRA in connection with our Series A financing in 2005

We were incorporated in July 2004 and are headquartered in Menlo Park, California.

Mark Zuckerberg, Founder, Chairman, and Chief Executive Officer

Peter will be retiring from our board when his term concludes at the Annual Meeting.

Zuckerberg, who served as director of marketing at Facebook for six years, helped break down the barriers between traditional media and social networking, headlining projects and partnerships with media companies and worldwide events.

I officially joined on September 1, 2005. But it was a few more weeks before I was in the office full-time.

Alexandr Wang has joined Meta to serve as our Chief AI Officer and lead MSL.

We're going to call our overall organization Meta Superintelligence Labs (MSL). This includes all of our foundations, product, and FAIR teams, as well as a new lab focused on developing the next generation of our models.

The changes were announced by Scale AI founder Alexandr Wang, who joined Meta as chief AI officer in June.

Alexandr Wang, chief AI officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 23, 2026.

Alexandr Wang has joined Meta to serve as our Chief AI Officer and lead MSL.

Earlier in June, the company said it would hire Wang, now Meta's chief AI officer, and some of his colleagues as part of a $14.3 billion investment into Scale AI.

Zuckerberg said the new AI superintelligence unit, MSL, will house the company's various teams working on foundation models such as the open-source Llama software, products and Fundamental Artificial Intelligence Research projects

Chief AI Officer, Meta Platforms, Inc. (since June 2025)

In addition, Scale’s founder, Alexandr Wang, is joining Meta to work on Meta’s AI efforts. Wang will continue to serve as a director on the Scale Board of Directors

today announced a significant new investment from Meta Platforms, Inc. (Nasdaq: META) that values Scale at over $29 billion.

a $14.3 billion investment from Meta in Scale, and a new job for himself in Meta’s “superintelligence” group, reporting to CEO Mark Zuckerberg.

On April 23, 2013, Mr. Breyer notified us of his decision not to stand for reelection to our board of directors at the 2013 Annual Meeting of Stockholders (Annual Meeting).

We also are excited to welcome new investors: Cisco Investments, DFJ Growth, Intel Capital, ServiceNow Ventures, AMD Ventures, WCM, Amazon, Elad Gil, Meta, and Qualcomm Ventures.

has raised a $1 billion Series F round from big-name institutional and corporate investors that include Amazon and Meta.

the eventual arrangement of Meta investing $14.3 billion for 49% of Scale in nonvoting shares with potential future conversion

Reports indicate that Meta invested about $14.3 billion for a 49% stake in the startup

Meta has finalized our strategic partnership and investment in Scale AI.

His $500,000 investment in 2004 represented 10.2 percent of the company at the time.

In May 2005, at Breyer's urging, Accel invested $12.7 million in Facebook, and Breyer added $1 million of his own money to the pot.

Microsoft will take a $240 million equity stake in Facebook’s next round of financing at a $15 billion valuation.

Going forward, all teams working on AI at Meta will fall under a new group called Meta Superintelligence Labs, according to Bloomberg, which viewed an internal memo sent Monday.