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Meta’s big AI bet and our not-so-hot-take on fintech IPOs

Meta just made a $14.3 billion bet on data-labeling company Scale AI () , but it’s not a traditional takeover: Meta’s taking a 49% stake in the company and adding Scale’s co-founder Alexandr Wang to its team. Today on Equity, we break down what this means for Meta’s AI ambitions and revisit Wang’s early AI…

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Meta just made a $14.3 billion bet on data-labeling company Scale AI () , but it’s not a traditional takeover: Meta’s taking a 49% stake in the company and adding Scale’s co-founder Alexandr Wang to its team.

Today on Equity, we break down what this means for Meta’s AI ambitions and revisit Wang’s early AI predictions.

Listen to the full episode to hear more highlights from the week, including:

•

How Chime’s IPO () priced above expectations at $27 per share and jumped in early trading, and Anthony’s not-so-hot takes on what this signals for the tech IPO market

•

Why Y Combinator’s Demo Day () was packed with “agentic” AI startups building autonomous software, and how a recent chat with Fiverr’s CEO () sheds light on AI-driven task automation in the gig economy

•

How Jony Ive’s LoveFrom spent 18 months () quietly collaborating with Rivian on their first electric bike, a spinout product confirmed to have a bike-like form factor

Equity will be back next week, so stay tuned!

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. 

Subscribe to us on Apple Podcasts () , Overcast () , Spotify () and all the casts. You also can follow Equity on X () and Threads () , at @EquityPod. 

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we’ll talk to you next time.

Learn more about your ad choices. Visit megaphone.fm/adchoices ()

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2 Comments

2 Comments

  1. @OfficialDanielSilvas

    June 13, 2025 at 1:30 pm

    I think Meta is kinda late to the AI game, and I hope Meta does not relinquish safety in favor of progress to catch up to the other ai players 🙏

    Reply

    • @PolitikKompaktDE

      June 16, 2025 at 8:47 am

      Meta has collected the most information and data across the world. So how can they be late. They started earlier than anyone else just by doing this one step😅

      Reply

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CNET

New VR Glasses and More! Everything Announced at Meta Connect in Less Than 10 Minutes

Meta’s September Connect event reveals a bunch of new Meta products, including a deep dive into its new Muse AI personal assistant, audio-only smart glasses in many new frame styles and new VR Glasses that weigh as much as a deck of cards. Check out all the highlights in less than 10 minutes. You can…

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Meta’s September Connect event reveals a bunch of new Meta products, including a deep dive into its new Muse AI personal assistant, audio-only smart glasses in many new frame styles and new VR Glasses that weigh as much as a deck of cards. Check out all the highlights in less than 10 minutes.

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Tech Editors React to Meta Connect 2026: Will Smartglasses Become Mainstream?

PCMag’s Iyaz Akhtar leads a panel of tech experts from CNET, PCMag and Mashable to unpack all the news from the Meta Connect 2026 launch event. Click into the livestream at 5 p.m. PT/8 p.m. ET for an in-depth recap of all the news from Mark Zuckerberg’s keynote address. Read more about Meta Connect on…

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PCMag’s Iyaz Akhtar leads a panel of tech experts from CNET, PCMag and Mashable to unpack all the news from the Meta Connect 2026 launch event. Click into the livestream at 5 p.m. PT/8 p.m. ET for an in-depth recap of all the news from Mark Zuckerberg’s keynote address.

Read more about Meta Connect on CNET.com:
Meta Keeps Trying to Fix Glasses Privacy Concerns With New Update

Video Credits:
Host: Iyaz Akhtar
Guest Host: Timothy Beck Werth
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Guest Host: Angela Moscaritolo
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CNET

Hands-On With Meta VR Glasses and All of Meta’s Other Glasses and AI

Muse AI on Meta glasses? Hearing enhancement? VR glasses that run Quest games? Camera-free glasses? All that and more to talk about, but very little on privacy. You can find the products mentioned in this video linked below *CNET may get a commission on these offers Read more about it on CNET.com Timecode Chapters: 00:00…

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September 23, 2026

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Muse AI on Meta glasses? Hearing enhancement? VR glasses that run Quest games? Camera-free glasses? All that and more to talk about, but very little on privacy.

You can find the products mentioned in this video linked below
*CNET may get a commission on these offers

Read more about it on CNET.com

Timecode Chapters:
00:00 – Introduction: Meta’s Wearable Future
00:23 – Gen 3 Meta Ray-Ban Smart Glasses & Battery Life
00:30 – Camera-Free Ray-Ban Audio Glasses
00:43 – FDA-Cleared Hearing Assistance Feature
06:24 – Agentic AI: Meta Muse Demo
01:40 – New Styles & Celebrity Collaborations
01:59 – Hands-On with Meta’s $1,299 VR Glasses
02:37 – Sports Streaming, IMAX & Entertainment
02:43 – Controls, Eye Tracking & BeatSaber
02:81 – Pricing, Competition & Final Thoughts

Video Credits:
Host: Scott Stein
Scripted by: Scott Stein
Producer: Celso Bulgatti
Camera: Celso Bulgatti
Video Editor: Jon Gomez
Thumbnail Designer: Zooey Liao

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