Meta in talks for Scale AI investment that could top $10 billion ...
According to Bloomberg News, Meta Platforms is currently in discussions to invest over $10 billion in the artificial intelligence startup, Scale AI. Although the terms of the deal have not been finalized and are subject to change, sources familiar with the matter revealed this information.
Meta secures nuclear energy in 20-year Illinois plant deal
The Reuters Tariff Watch newsletter is a valuable resource for staying updated on the latest global trade and tariff news. Be sure to sign up to receive daily updates on this critical information.
Scale AI has chosen not to provide a comment on the situation at this time. Furthermore, Meta has yet to respond to Reuters' request for comment outside of normal business hours.
About Scale AI
Established in 2016, Scale AI is a prominent data labeling startup that has garnered support from major tech players such as Nvidia, Amazon, and Meta. With a recent valuation close to $14 billion, Scale AI offers a platform that enables researchers to share AI-related insights and knowledge. The platform boasts contributors from over 9,000 cities and towns worldwide.
