Meta Platforms plans billion dollar investment in Scale artificial intelligence startup AI

Meta Platforms plans billion dollar investment in Scale artificial intelligence startup AI

Meta Platforms is holding talks on an investment that could exceed $10 billion in the Scale AI artificial intelligence startup, according to a Bloomberg report. The terms of the agreement have not yet been finalised and could change, said sources familiar with the issue. Scale Al, founded in 2016 and supported by [...]

The terms of the agreement have not yet been finalised and could change, said sources familiar with the issue.

Scale Al, founded in 2016 and supported by technological giants such as Navisia, Amazon, and Meta, is valued at nearly $14 billion and offers a platform for researchers on exchange of information on artificial intelligence./Periscopi/

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