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Meta is negotiating a large-scale AI investment of or exceeding $10 billion.
According to a report by Golden Finance, Meta Platforms is in negotiations for a multi-billion dollar investment in the artificial intelligence startup Scale AI, according to people familiar with the matter. Some insiders indicated that the value of this financing could exceed $10 billion, making it one of the largest private company financings in history. These insiders stated that the terms of the deal have not yet been finalized and are subject to change, and they requested not to be identified when discussing private information. Representatives of Scale AI did not immediately respond to a request for comment. Meta declined to comment.