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Meta is in advanced talks to pump over $10 billion into AI startup Scale AI. If the deal goes through, it would be Meta’s biggest external AI bet yet, and one of the largest private funding rounds ever in the sector.
The deets: Scale AI helps tech giants by providing the labelled data needed to train AI models, think of it as teaching material for machines. The company has been on a tear, pulling in ~$870 million in revenue last year, with projections to hit $2 billion in 2025.
Background: Scale and Meta have already worked together on Defense Llama, an AI model built on Meta’s Llama 3 architecture, designed for US national security needs.
The why: Meta boss Mark Zuckerberg is betting big on AI. Back in January, he earmarked a whopping $65 billion for AI investments this year, spanning infrastructure, talent, and partnerships like this one.
