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 is in talks to make a substantial investment in AI startup Scale AI, with the potential funding likely to exceed $10bn, Bloomberg reported, citing sources. Scale AI, a provider of data labelling services,

This would be Meta’s biggest external AI investment, and a rare move for the company. Read more at straitstimes.com. Read more at straitstimes.com.