Meta discusses an investment of several billion dollars in the AI scale, According to Bloomberg. In fact, the value of the agreement could exceed $ 10 billion, which makes it the biggest external AI investment in the Facebook parent company and one of the largest financing events ever made for a private company.
SCALE AI (of which CEO Alexandr Wang is represented above) provides data labeling services to companies such as Microsoft and Openai to help them train their AI models. A large part of this labeling work is carried out by entrepreneurs – in fact, the Ministry of Labor Abandoned his investigation To find out if the company was wrongly and underpayed the employees.
According to Bloomberg, the company saw $ 870 million in revenues last year and plans to report $ 2 billion this year.
Meta was already an investor in Scale of the $ 1 billion series of AI Fwhich appreciated the company at $ 13.8 billion. AI scale has also built LLAMA DefenseA large language model designed for military use, above Meta’s Llama 3.
