Facebook parent Meta to invest $10 billion in data labeling AI startup ‘Scale AI’ backed by Nvidia, Amazon

Posted under: AI technologies
Date: 2025-06-09
Multi-Billion Dollar Stake in AI Firm Scale AI | Justo Global

Meta Platforms, Facebook's parent company, is negotiating an investment exceeding $10 billion in Scale AI, a data labeling firm backed by Nvidia and Amazon. While the deal conditions are yet to be finalized, it marks Meta's most substantial external investment to date in artificial intelligence. Founded in 2016, Scale AI currently enjoys a valuation near $14 billion and offers a platform for AI-related data exchange across 9,000 cities and towns.

Read more at: www.financialexpress.com