U k r V i s t i

l o a d i n g

Meta's Potential Investment in Scale AI: A New Frontier in AI

Meta Platforms is in talks for potential investments in Scale AI that could exceed $10 billion.

image

Meta Platforms is currently engaged in discussions regarding a potential investment in the startup Scale AI, which may surpass 10 billion dollars.

This has been reported by Bloomberg.

The terms of the deal are not yet finalized and are subject to change, according to sources familiar with the matter.

Scale AI is a data labeling startup founded in 2016, backed by tech giants Nvidia and Meta.

The latest valuation of Scale AI was nearly 14 billion dollars. The company also offers a platform for sharing AI-related information for researchers working in over 9000 cities and towns.