Meta is reportedly in discussions to invest more than $10 billion in Scale AI, according to Bloomberg.

If finalized, this would be the largest external artificial intelligence investment made by Meta and one of the biggest funding events ever for a private company.

Scale AI provides data labeling services to technology companies including Microsoft and OpenAI.

Its work supports the development of AI models by supplying large volumes of structured training data.

Much of the labeling is handled by contractors. The U.S. Department of Labor recently closed an investigation into whether Scale AI was misclassifying or underpaying its workers.

According to Bloomberg, Scale AI generated $870 million in revenue last year and expects to reach $2 billion in 2025.

The company previously raised $1 billion in a Series F funding round, which included Meta as an investor and valued Scale AI at $13.8 billion.

Scale AI also built Defense Llama, a large language model for military applications, using Meta’s Llama 3 as its foundation.

PHOTO: SCALEAI/TECHNEWS

This article was created with AI assistance.