Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.

Meta Platforms is in talks to make a substantial investment in AI startup Scale AI, with the potential funding likely to exceed $10bn, Bloomberg reported, citing sources. Scale AI, a provider of data labelling services,

Meta is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday. The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter.