💥Breaking News💥
$META in talks for Scale AI investment that could top $10 billion.
Meta’s potential $10 billion investment in Scale AI, a company valued at $14 billion in 2024 and possibly $25 billion in 2025, marks its largest external AI move, driven by CEO Mark Zuckerberg’s $65 billion AI commitment for 2025, as reported by Bloomberg, to enhance Llama and compete with rivals like OpenAI.
Scale AI’s role in labeling data for large language models, with $870 million revenue in 2024 and a projected $2 billion in 2025, aligns with Meta’s defense tech pivot, including a recent Anduril Industries partnership for AI-powered military gear, per The Hindu BusinessLine.
This investment challenges the narrative of Meta as a social media giant, positioning it as a key AI innovator, though its lack of a cloud business raises questions about execution, supported by Scale’s proven growth and Meta’s 1 billion monthly AI chatbot users.