
Meta In Talks To Invest Over $10B In Scale AI — Possibly The Biggest Private AI Deal This Year

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Meta is reportedly in talks to invest over $10 billion in Scale AI, a startup crucial for providing labeled data for AI models. This potential investment could rank among the largest private funding rounds in tech history. Scale AI, which expects to generate $2 billion in revenue this year, plays a vital role in the AI supply chain. The deal aligns with Meta's strategy to secure valuable data resources and strengthen its relationship with U.S. regulatory bodies, despite facing scrutiny over labor practices.
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