Meta in Talks for Scale AI Investment That Could Top $10 Billion (bloomberg.com)
(Monday June 09, 2025 @11:22AM (msmash)
from the all-the-money-in-the-world dept.)
- Reference: 0177984105
- News link: https://tech.slashdot.org/story/25/06/09/1421259/meta-in-talks-for-scale-ai-investment-that-could-top-10-billion
- Source link: https://www.bloomberg.com/news/articles/2025-06-08/meta-in-talks-for-scale-ai-investment-that-could-top-10-billion
An anonymous reader shares a report:
> Meta is in talks to make [1]a multibillion-dollar investment into AI startup Scale AI , according to people familiar with the matter. The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time.
>
> [...] Scale AI, whose customers include Microsoft and OpenAI, provides data labeling services to help companies train machine-learning models and has become a key beneficiary of the generative AI boom. The startup was last valued at about $14 billion in 2024, in a funding round that included backing from Meta and Microsoft.
[1] https://www.bloomberg.com/news/articles/2025-06-08/meta-in-talks-for-scale-ai-investment-that-could-top-10-billion
> Meta is in talks to make [1]a multibillion-dollar investment into AI startup Scale AI , according to people familiar with the matter. The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time.
>
> [...] Scale AI, whose customers include Microsoft and OpenAI, provides data labeling services to help companies train machine-learning models and has become a key beneficiary of the generative AI boom. The startup was last valued at about $14 billion in 2024, in a funding round that included backing from Meta and Microsoft.
[1] https://www.bloomberg.com/news/articles/2025-06-08/meta-in-talks-for-scale-ai-investment-that-could-top-10-billion
Could be $10b (Score:3)
by ebunga ( 95613 )
Or maybe it just needs about $3.50 because it was the goddamned loch ness monster all along.
Not working out well (Score:3)
by Compaq Disk Rereader ( 10425332 )
In their mission to reduce human value to nothing and enslave mankind, the various evilcorps have agreed to pool resources and share lordship over the planet.
As they say "Better to share the royal court with Microsoft than pay a bunch of workers a comfortable living"
woohoo (Score:2)
more indian jobs