Meta in Talks for Scale AI Investment That Could Top $10 Billion (bloomberg.com) 8
An anonymous reader shares a report: Meta is in talks to make a multibillion-dollar investment into AI startup Scale AI, according to people familiar with the matter. The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time.
[...] Scale AI, whose customers include Microsoft and OpenAI, provides data labeling services to help companies train machine-learning models and has become a key beneficiary of the generative AI boom. The startup was last valued at about $14 billion in 2024, in a funding round that included backing from Meta and Microsoft.
[...] Scale AI, whose customers include Microsoft and OpenAI, provides data labeling services to help companies train machine-learning models and has become a key beneficiary of the generative AI boom. The startup was last valued at about $14 billion in 2024, in a funding round that included backing from Meta and Microsoft.
woohoo (Score:2)
more indian jobs
Could be $10b (Score:3)
Or maybe it just needs about $3.50 because it was the goddamned loch ness monster all along.
Re: (Score:2)
Gather round children let me tell you a story.
Well there I was you see, out back behind the gigascale datacenter and right when I rounded the corner by the swamp cooler and there was Sam Altman, and I say, "Hey Sam, what are you doing out here at this hour? I didn't expect a CEO to be so hands on!"
And so he says to me, "I'm just out looking for investors."
So I gets to thinking, and you know, maybe this AI thing could make our retirement for me in and missus a little bit sweeter, so I said, "Sure, I can inve
Not working out well (Score:3)
In their mission to reduce human value to nothing and enslave mankind, the various evilcorps have agreed to pool resources and share lordship over the planet.
As they say "Better to share the royal court with Microsoft than pay a bunch of workers a comfortable living"
So stupid (Score:2)
The way to sell AI is to trick people that your technology is getting smarter, but really you're just bruteforce adding millions of answers to help benchmarks.