Meta is reportedly in advanced discussions to invest over $10 billion in Scale AI, a move that would significantly bolster its presence in the AI landscape. Scale AI, founded in 2016, specializes in providing data services that help train machine learning models. The company has played a key role in the AI boom by organizing and labeling data for major tech firms. This strategic investment could be one of the largest private investments in an AI company to date. Meta, which has made AI a top priority, plans to invest heavily in the sector. The investment in Scale AI could provide Meta with the resources needed for expanding its AI capabilities, including its Llama model and AI-powered chatbots.
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Meta to Invest Billions in Scale AI, Signaling Major AI Push
By Report Wire