When Alexander Wang founded Scale AI in 2016, the AI landscape was still in its early stages. The data labelling startup, driven by Wang’s vision, quickly became a key player in the AI landscape, growing to over 1,500 employees and securing crucial partnerships across industries and governments.

Alexandr Wang, son of nuclear physicists, dropped out of MIT to co-found Scale AI, a company providing crucial data for AI development. Scale AI's rap

Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that values the startup at $29 billion.