Meta eyes major investment in AI start-up Scale
Published: 02:57 09 Jun 2025 EDT
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is in advanced discussions to invest several billion dollars into artificial intelligence firm Scale AI, in what could become one of the largest private funding deals on record.
The final terms of what is reported to be a $10 billion investment round are not yet agreed, and both companies have declined to comment.
Founded in 2016, Scale provides data labelling services used to train machine learning models. It has grown rapidly on the back of the generative AI surge, with clients including Microsoft and OpenAI.
The company was last valued at $14 billion in 2024, with reports suggesting a new deal could raise that to $25 billion.
The proposed investment would mark a shift in strategy for Meta, which has so far relied on internal development rather than external funding.
Chief executive Mark Zuckerberg has made AI a central priority, committing up to $65 billion this year.