ScaleAI interim CEO says we are not shutting down following Meta deal; adds: This deal rewards many of the people who ...

Meta recently made an investment of $14.4 billion in ScaleAI — an AI data labelling firm. Meta’s $14.3 billion investment in Scale AI , previously valued at $14 billion, includes the transition of Scale ’s CEO, Alexandr Wang , to Meta, where he will lead efforts to develop “superintelligence.” This has intensified worries among Scale’s clients, particularly generative AI companies, that their sensitive research priorities and technical blueprints could be accessed by Meta through Scale’s data-labeling operations. Now, Scale AI's interim CEO, Jason Droege has posted a message assuring its employees, customers and investors that the company is ‘not shutting down’.

Dorge published a letter on the company’s blog addressing the recent speculation and concerns. Dorge said, “Unlike some other recent tech deals you might have heard about in the AI space, this is not a pivot or a winding down." He also stressed that Scale AI remains an "unequivocally, independent company."

The recent ScaleAI deal gave Meta 49% non-voting stake in the company. This latest investment raised questions and concerns among competitors. Reports also suggested that Scale AI's major clients, including OpenAI and Google are also re-assessing their partnerships due to concerns about potential conflicts of interest with Meta.


Read ScaleAI interim CEO Jason Droege’s complete post here