Meta in Talks for Multibillion-Dollar Investment in Scale AI

Meta Platforms is in talks to make a multibillion-dollar investment into the data-labeling startup Scale AI, Bloomberg reported. The investment could exceed $10 billion in value, which would make it Meta’s largest external investment in AI yet.

Scale was valued at $14 billion last May in a funding round that included Meta and Amazon. The startup as of April was close to finalizing a share sale