Meta Platforms is currently in discussions about a significant investment in Scale AI, a startup dedicated to advancements in artificial intelligence, with potential funding exceeding $10 billion.
This news was reported by Bloomberg.
The terms of the deal are not yet finalized and may change, according to sources familiar with the matter.
Founded in 2016, Scale AI specializes in data labeling and is supported by tech giants Nvidia and Meta.
The latest valuation of Scale AI was nearly $14 billion. The company also provides a platform for sharing AI-related information for researchers operating in over 9,000 cities and towns.
