Meta Platforms Inc. has finalized a multibillion-dollar investment in Scale AI and recruited the startup’s chief executive officer to join its artificial intelligence efforts — an unusual deal that signals a heightened push by the social media giant to catch up on AI development.

Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.

Stock market futures are pointing to a lower open after Israel carried out airstrikes on Iran’s nuclear program sites in a major escalation of tensions in the Middle East. The dollar has rallied, as investors rush back into the currency in their search for safe-haven assets,