Reported 2 days ago
Meta Platforms Inc. is reportedly in talks to invest over $10 billion in Scale AI, a startup specializing in data infrastructure for AI, to enhance its artificial intelligence strategy. This potential investment, which would mark Meta's largest commitment to external AI development, comes as the company seeks to expedite its AI capabilities and expand beyond its core platforms. Scale AI already collaborates with Meta on various projects and is expected to significantly increase its revenue this year.
Source: YAHOO