Meta has reportedly invested billions of dollars into AI startup Scale AI and hired its CEO, Alexandr Wang, to lead a new AI research lab. So what does that mean for Meta and the rest of the AI ecosystem?

Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter said. The unusual deal will be structured so Meta will send the cash to Scale’s existing shareholders and place the startup’s CEO,

Scale AI, an artificial intelligence start-up, has built a business by labeling and culling data to make it easier to use to train A.I. systems.