Meta reportedly in talks to invest billions of dollars in Scale AI


Meta talk about a multi-million dollar investment in a scale AI, According to Bloomberg. In fact, the agreement value could reportedly exceed $ 10 billion, making it the biggest external AI investment for the Facebook -parent company and one of the largest financial events ever for a private company.

Skala AI (whose general manager Alexandr Wang is pictured above) provides data label services to companies such as Microsoft and Openai to help them train their AI models. Much of this label work is done by entrepreneurs – in fact, the department of work recently dropped his investigation About whether the company has misclassed and underpaid employees.

According to Bloomberg, the company has seen revenue of $ 870 million last year and is expected to raise $ 2 billion this year.

Meta has already been an investor in Scale $ 1 Billion of Series F $ Fwhich estimated the company at $ 13.8 billion. Scale AI also built Defense CallsA large language model designed for military use, on top of Meta -lama 3.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *