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Meta reportedly in talks to invest billions of dollars in Scale AI
Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.
Meta Platforms In Talks For Multibillion-Dollar Investment In AI Startup Scale AI : Report
According to the report, Meta was already a participant in Scale AI's $1 billion Series F funding round, which set the company's valuation at $13.8 billion. Scale AI also built Defense Llama, a large language model designed for military use, on top of Meta's Llama 3.
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