Meta to invest in Scale AI, deepening focus on strategic tools for artificial intelligence
By
Binu Mathew
Meta, which owns Facebook and Instagram, is in advanced talks to invest billions of dollars in Scale AI, a start-up focused on data used by artificial intelligence companies, according to two sources.
The potential investment is a sign that large tech companies remain interested in start-ups focused on AI amid a heated contest to be a leader in the technology. If an investment happens, it will be an outlier for Meta, which typically does not invest in outside companies.
