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PWORKS / Relationship study 003

One deal. Different measures.

Meta × Scale. Company value, reported investment and where the proceeds go.

RESEARCH SNAPSHOTJune 2025 announcement · FY2025 report
01 / Read the claims

Two figures. Two different bases.

Scale’s announcement values the company. Meta’s annual report describes its investment. Green marks a match to those specific issuer statements.

✓ Scale announcement / source matched

Company valuation

Over $29 billion

Announced 12 Jun 2025.

A valuation of Scale, not the amount Meta invested or the cash retained by the company.

Inspect Scale’s announcement ↓
✓ Meta annual report / source matched

Reported minority investment

$13.80 billion

Closed during 2025 · FY2025 report.

Meta’s reported investment amount. It is not a current valuation or an allocation of proceeds.

Inspect Meta’s report ↓
? Proceeds allocation / pending

Company use and holder liquidity

Split unresolved

Scale announced both company development uses and distributions to shareholders and vested equity holders.

The reviewed sources do not quantify the split. No recipient payment or amount retained by Scale is inferred.

02 / Inspect the source

Keep the basis beside the number.

The two issuers describe different aspects of the same relationship. Their statements do not independently verify the transaction or settle every term.

Scale / issuer statement

Scale AI Announces Next Phase of Company’s Evolution

values Scale at over $29 billionScale · 2025-06-12
Read this issuer publication ↗
FY2025 reportMeta / issuer report

FY2025 annual report · Note 5 · printed page 106

minority investments in Scale AI for $13.80 billion, which was closed during 2025Meta · Note 5 · FY2025

Distributed through Broadridge on . This is the distribution date, not the transaction or filing date.

Read Meta’s annual report ↗
What the accounting language establishes

Meta places the Scale investment among non-marketable equity investments accounted for under the measurement alternative and says it lacks significant influence over these investees’ operations. That is Meta’s accounting assessment. It does not provide a precise voting-rights schedule or resolve every form of commercial influence.

This review uses the June 2025 announcement and the FY2025 report. It does not establish a current stake, current value or a complete later amendment history.

03 / Follow the change

One evidence gap narrows.

— Earlier review · 4 Oct 2026

Valuation known.
Investment amount open.

The announcement-only review recorded a valuation above $29 billion, a minority position and planned holder liquidity.

4 Oct 2026 / Expanded evidence

Reported amount established.
Allocation still open.

The earlier announcement-only review established a valuation above $29 billion and a minority equity position, but lacked an investment amount. Meta’s annual report supplies a reported $13.80 billion minority investment closed during 2025. This extends the evidence; it does not announce a new transaction or reconcile how the proceeds were allocated.

Inspect the monitor’s field review ↗
04 / Keep the graphic

Same research. A graphic you can keep.

Each format keeps the valuation, reported investment, dates and unresolved proceeds split together. Return here for supporting sources and later reviews.

Share the question. Keep the context.

Both formats carry the same dated claims and open question. The landscape image also accompanies this story’s shared link.

Link and image description

https://lordsofai.com/research/meta-scale

Meta × Scale. Scale announced a company valuation over $29 billion on 12 June 2025. Meta’s FY2025 annual report describes a $13.80 billion minority investment closed during 2025. Company use and holder liquidity are not allocated. Exact ownership percentage and voting rights remain unresolved in this review; no ownership ratio is inferred. Reviewed 2026-10-04.

Keep the date and qualifications when sharing. Platforms may crop images or retain an older preview.

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