Meta to invest billions of dollars in THIS leading AI startup

Meta is reportedly in advanced talks to invest several billion dollars in Scale AI, a leading artificial intelligence (AI) data infrastructure company.

According to a Bloomberg report, the potential deal could surpass $10 billion, making it not only Meta’s largest external AI investment to date but also one of the biggest private funding rounds in tech history.

For those uninitiated, Scale AI, led by CEO Alexandr Wang, specialises in data labeling services used to train AI models. 

It counts major tech firms like Microsoft and OpenAI among its clients.

These services are essential for building large language models and other machine learning tools, as they help improve accuracy and performance by refining datasets.

A vast network of contractors carries out the bulk of Scale AI’s labeling work.

 The company was previously under scrutiny by the US Department of Labor for alleged misclassification and wage issues involving these workers. However, that investigation was recently closed without action.

Notably, in 2024, Scale AI reported revenues of $870 million and projects a dramatic increase to $2 billion this year, reflecting the explosive demand for AI training infrastructure.

To note, Meta was already a participant in the company’s $1 billion Series F round, which valued Scale AI at $13.8 billion.

In addition to its commercial services, Scale AI has also collaborated with Meta on developing “Defense Llama,” a specialised large language model tailored for military applications and built atop Meta’s Llama 3 framework.