Meta is in talks to invest over $10 billion in Scale AI

Meta is in Talks to Invest Over $10 Billion in Scale AI

According to people familiar with the matter, Meta is in talks to invest in artificial intelligence startup Scale AI. The financing could potentially exceed $10 billion, making it one of the largest private company fundraising activities ever. The terms of the deal have not been finalized and are still subject to change. Scale AI's clients include Microsoft and OpenAI. The company provides data annotation services to help companies train machine learning models and has become a major beneficiary of the generative AI boom. The startup was valued at approximately $14 billion in a 2024 funding round, in which Meta and Microsoft participated.

—— Bloomberg

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