Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.

If Meta Platforms (NASDAQ:META) goes ahead with an investment into Scale AI, it could boost its exposure to artificial intelligence, and provide a “positive catalyst” for the Mark Zuckerberg ...

"It's alarming to see how easy investment scam ads — which have cost some consumers their life savings — can be created and disseminated on Meta platforms," said Bonta in a news release.