Meta is in talks to invest in data labeling company Scale AI, with the amount likely to exceed $10 billion

2025-06-09 07:39:09

Meta Platforms Inc. is considering a multibillion-dollar investment in artificial intelligence startup Scale AI and is in talks, according to people familiar with the matter. Some of the people said the financing could exceed $10 billion, making it one of the largest private company financings ever. The terms of the deal have not yet been finalized and could still change, said the people, who asked not to be identified because the matter is private.

AI AI Meta

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Hong Kong stocks opened: Hang Seng Index opened 0.14% higher, Hang Seng Technology Index opened 0.13% higher
                            2025-06-06

                                    A U.S. appeals court rejected Apple's (AAPL.O) request to suspend an order on App Store reforms in its lawsuit against Epic Games, court documents showed.
                            2025-06-05

                                    Cainiao continues to deploy logistics + AI and joins hands with China Eastern Airlines to build the world's first smart hangar
                            2025-06-06

                                    Project establishment and formulation of safety requirements for combined driving assistance systems for intelligent connected vehicles
                            2025-06-04

                                    Lucid and Graphite One Sign Graphite Material Supply Agreement to Strengthen Supply Chain in the U.S.
                            2025-06-04