Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.

Scale AI, whose customers include Microsoft and OpenAI, provides data labelling services to help companies train machine-learning models.

Meta Platforms Inc. is looking to invest billions of dollars into the artificial intelligence data labeling startup Scale AI Inc. The company is holding talks over a funding deal that could see it inject more than $10 billion into the startup, though the terms have not yet been agreed and could still change, anonymous sources told Bloomberg today.