Meta is in talks to invest in Scale AI, with the financing scale possibly exceeding 10 billion US dollars.

According to people familiar with the matter, Meta Platforms(META.O) is in talks to invest in artificial intelligence startup Scale AI, and it is reported that the funding is likely to be worth more than $10 billion, making it one of the largest private corporate fundraising events ever. The terms of the deal have not yet been finalized and are still subject to change, according to people familiar with the matter. Scale AI provides data labeling services to help enterprises train machine learning models, and has become a major beneficiary of the generative AI boom, with customers including Microsoft (MSFT.O) and OpenAI, among others. The startup’s last funding round, valued at around $14 billion, was in 2024, when it was backed by Meta and Microsoft. Earlier this year, media reported that Scale AI was in talks for a $25 billion takeover offer.