Meta considers investing over $10 billion in artificial intelligence startup ScaleAI

According to sources familiar with the matter, Meta Platforms (META. O) is in talks to invest in artificial intelligence startup Scale AI, with a potential funding value of over $10 billion, making it one of the largest private enterprise financing events in history. Insiders say that the terms of the transaction have not been finalized and may still change. Scale AI provides data labeling services to help businesses train machine learning models and has become a major beneficiary of the wave of generative artificial intelligence, with clients including Microsoft (MSFT. O) and OpenAI. The last round of funding for this startup, valued at approximately $14 billion, was in 2024, with support from Meta and Microsoft. Earlier this year, media reported that Scale AI was in talks for a $25 billion acquisition offer.