Meta Platforms is in talks to make an funding that would exceed $10 billion in synthetic intelligence startup Scale AI, Bloomberg Information reported on Sunday.
The phrases of the deal weren’t but finalized and will nonetheless change, the report mentioned, citing individuals conversant in the matter.
Scale AI declined to remark and Meta didn’t instantly reply to Reuters request for remark outdoors common enterprise hours.
Based in 2016, Scale AI is an information labeling startup backed by tech giants Nvidia, Amazon, and Meta.
Final valued at almost $14 billion, Scale AI additionally offers a platform for researchers to alternate AI-related data, with contributors in additional than 9,000 cities and cities.
