Meta Commits Billions to Scale AI Partnership, $10Billion Funding Could Be Largest Ever External AI Investment！

TradingKey - According to the latest reports from Bloomberg, Meta Platforms, the parent company of the globally renowned social media platform Facebook, is in talks for an investment of several billion dollars with AI startup Scale AI. This financing could exceed $10 billion, potentially making it Meta's largest external AI investment ever. The terms of the deal have not yet been finalized and are subject to adjustment.

Founded in 2016 and based in San Francisco, Scale AI focuses on data labeling and governance and is a key player in the AI infrastructure sector. The company initially specialized in outsourced AI data labeling but has since evolved into an enterprise-level data integrator that helps clients with their AI development and deployment.

In 2024, Scale AI's revenue is projected to be between 870 million and 890 million, with expectations to double to 2 billion by 2025. Meanwhile, Scale AI’s latest valuation is approaching 14 billion.

Meta CEO Mark Zuckerberg announced that Meta will invest $65 billion to enhance its AI initiatives by 2025, expecting its AI assistant service to reach over 1 billion users. By integrating Scale AI’s data labeling capabilities, Meta can accelerate its generative AI model training and optimize intelligent experiences across the metaverse, social platforms, and advertising business.

Meta’s stock price has risen by over 15% in the past month as investors are optimistic about its continued investment in and commercialization potential within the field of AI. Despite facing some short-term challenges such as talent attrition in the AI sector, the market is more focused on its open-source ecosystem and the enabling effects of AI on its advertising business.