Meta May Be Latest to Join Big Tech Kingmakers For AI Startups
(Bloomberg) — Behind almost every leading artificial intelligence startup, you’ll find a tech giant fueling its rise.
Microsoft Corp., Alphabet Inc. and Amazon.com Inc. have invested billions in the top artificial intelligence startups, supercharging the fast-growing AI sector and establishing the old guard of technology companies as kingmakers for a new generation of businesses. Meta Platforms Inc. is set to join the fray: The social-media giant is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, Bloomberg News reported over the weekend.