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Benzinga
Benzinga
Business

Not a 'Zombie Company': Scale AI's CFO Says People 'Mischaracterize' Deal That Sparked Founder Joining Meta, Boasts Misunderstood Trajectory

Meta SCALE Scale AI CNBC Alexandr Wang TechCrunch OpenAI Artificial Intelligence
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The artificial intelligence industry was sent into a tailspin in June when Meta announced a staggering $14.3 billion investment in Scale AI. The deal, widely seen as an elaborate scheme to hire the startup’s founder Alexandr Wang and key personnel, CNBC reported, left observers questioning whether the company could survive.

Scale AI CFO Dennis Cinelli is now presenting a dramatically different narrative about the company’s trajectory and health amid persistent public uncertainty.

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