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VRSS | All | Meta in Talks for Scale AI Investment That Could Top $10 Billion |
June 9, 2025 11:20 AM |
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Feed: Slashdot Feed Link: https://slashdot.org/ --- Title: Meta in Talks for Scale AI Investment That Could Top $10 Billion Link: https://tech.slashdot.org/story/25/06/09/1421... An anonymous reader shares a report: Meta is in talks to make a multibillion- dollar investment into AI startup Scale AI, according to people familiar with the matter. The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time. [...] Scale AI, whose customers include Microsoft and OpenAI, provides data labeling services to help companies train machine-learning models and has become a key beneficiary of the generative AI boom. The startup was last valued at about $14 billion in 2024, in a funding round that included backing from Meta and Microsoft. Read more of this story at Slashdot. --- VRSS v2.1.180528 |
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