Meta Platforms Inc. is in discussions to invest $10 billion in Scale AI, marking a significant partnership in AI development.
Meta Platforms Inc. is in discussions to invest $10 billion in Scale AI, marking a significant partnership in AI development.
06/08/25, 11:26 AM
Location
Money
$10 billion
Industry
machine learning
artificial intelligence
Type
partnership
Meta is negotiating a multibillion-dollar investment in Scale AI, which specializes in data services for machine learning. This investment could exceed $10 billion and represents Meta's largest external commitment to AI technology yet.
Company Info
Location
toronto, ontario, canada
Additional Info
TORONTO--(BUSINESS WIRE)--Adastra, a global leader in AI and machine learning, is proud to announce that it has been awarded a $1.1-million investment from SCALE AI to support a supply chain optimization platform project for their partner Taiga Building Products.SCALE AI is Canada's supercluster dedicated to strengthening the country's leadership role in the fields of artificial intelligence and data science.