Meta, Scale
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Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.
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GlobalData on MSNMeta to acquire 49% stake in Scale AI for $15bnMeta Platforms has reportedly agreed to purchase a 49% stake in Scale AI, a US-based AI startup, for $14.8bn. The deal was reported first by The Information, which cited sources familiar with the matter.
Scale AI, which counts Microsoft and OpenAI among its customers, specialises in data-labelling services for training AI models.
Meta’s potential investment would be its largest external AI outlay so far. Unlike its peers, the tech giant has largely relied on internal research and open-source AI development
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