The agreement from meta to partially Get the AI -starting scale, giving it 49% possession, is definitely unusual.
What scale officially announced It is that the agreement estimates the company at over $ 29 billion and that it will “distribute” revenue to shareholders and dress shareholders (also employees) giving them “substantial liquidity” while allowing them to continue as shareholders.
Meta also hires the famous founder of the founder Alexandr Wang, who famously dropped from MIT at the age of 19 Build the company that offers AI training data controlled by people.
This may have sounded like meta could buy shares of existing shareholders but that doesn’t happen, Sources told Bloomberg. Investors receive dividends. For example, Accel, which supported the company early, should get a $ 2.5 billion payment, reports Bloomberg. (We asked Accel for comment.)
Scale has dozens of supporters, including Amazon and Meta, and were Last estimated at $ 14 billion after earning $ 1 billion Series F a year ago. So payment of this size is almost like buying the company. We will have to wait and see if regulators agree.
